Price of gin could soar due to grain shortage caused by Ukraine war
2 years, 8 months ago

Price of gin could soar due to grain shortage caused by Ukraine war

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Smaller distilleries said the forecast increased retail price for gin would be in the “pounds” rather than pence, with the managing director of one drinks firm calling the situation “horrific”. Ukraine's grain exports plunged 68.5 per cent year-on-year to 163,000 tonnes in the first six days of July, the first month of the 2022/23 season, the agriculture ministry said. A tractor charred by a Russian attack lies inside a warehouse at a grain farm in Cherkaska Lozova, outskirts of Kharkiv, eastern Ukraine Commenting on the impact the situation was likely to have on UK distilleries, Ian McCulloch, managing director at Silent Pool Distillers, told the i it was “horrific”. He said: “It’s everything – the cost of glass, stoppers, anti-tamper capsules … It will be a snap change… won’t be small.” Russell Evans, founder of Bullards gin, told the newspaper it was “highly likely” the gin prices shoppers would pay in the future would increase.

History of this topic

Grain spat drags Ukraine’s ties with ally Poland to lowest point since start of Russian invasion
1 year, 6 months ago
Putin promises no-cost Russian grain shipments to 6 African countries
1 year, 7 months ago
Wheat prices spike after Russia bombs Odesa grain port in Ukraine, threatens to attack ships
1 year, 8 months ago
Russia halts wartime deal that allows Ukraine to ship grain in a hit to global food security
1 year, 8 months ago
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1 year, 8 months ago
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2 years, 11 months ago

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