Monday, November 24, 2008

Vodka bargains on the horizon?

Interesting. I wonder if there is any news from Scotland?
With retailers struggling to find credit and ordinary Russians being forced to change their spending, a vast lake of undrunk vodka is accumulating in distilleries across Russia.

Official statistics indicate a collapse in demand for vodka over the past two months. November inventories of unsold vodka stock have risen to 82 million litres, a 600 per cent increase from 2007, according to the National Alcohol Association.

The vodka lake has grown even as desperate producers have slashed output, which fell by 15 per cent in October according to industry estimates. [...]

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