Coca-Cola (KO) CFO says bottlers would have greater impact if higher aluminum and pet prices sustain; on aluminum can shortage in India says, 'have had some disruption in can supply and our cross enterprise procurement team'
Coca-Cola's CFO highlights potential supply chain disruptions due to rising aluminum and PET prices, which could affect bottler profitability.
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A Japanese oil tanker passes through the Strait of Hormuz with Iran's coordination; Idemitsu is an oil tanker that was carrying 2mln bbls of crude oil; it had been stationed in Saudi Arabia since late February
Coca-Cola (KO) CFO says bottlers would have greater impact if higher aluminum and pet prices sustain; on aluminum can shortage in India says, 'have had some disruption in can supply and our cross enterprise procurement team'
Eli Lilly (LLY) has signed a deal with AI startup profluent worth up to USD 2.25bln to find new ways to edit DNA
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- On Aluminum can shortage in India says, 'supporting our system in India to address the issue, expect it to be resolved soon'.
This signals a broader concern about input costs impacting margins within the beverage sector, particularly in India where can supply has been disrupted. Investors should watch how these cost pressures influence Coca-Cola's pricing strategy and overall performance in the coming quarters.
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