(Jamaica Gleaner) Already hit by steep increases in basic food prices, it appears that consumers could be further burdened by a spike in the price of rice – a popular staple in the diets of Jamaicans.
The imminence of the price spike has emerged as Guyanese suppliers, who provide over 40 per cent of the rice consumed in Jamaica, have refused to lock themselves into the usual half-year contracts, raising fears among Kingston’s importers of escalating prices during the current crop.