The increasing use of corn to produce ethanol for cars has sent prices of the
staple soaring -- not only in the supermarket, but also at the concessions
counters at theaters. The AMC theater chain increased the price of its popcorn
25 cents last weekend. Larry Etter, chairman of the National Association of
Concessionaires, told ABC News Tuesday that theaters are also having to deal
with higher paper pulp prices, which boosts the costs of the paper bags and
tubs for the popcorn as well as the cups for sodas. Moreover, higher fuel
prices drive up delivery costs. The price rise at the concessions counter comes
at a time when many theaters are also raising ticket prices -- in some cities
to more than $10 each. Since the beginning of the year, the average ticket
price has risen 3 percent -- on top of last year's 5 percent rise.
28/05/2008
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