Increase in the Prices of Liberia’s Staple Food Imminent Due to Rising Cost in International Freight, Fees at Freeport of MonroviaRice is distributed and sold at the weekly market in the Zleh Town area of Grand Gedeh county, Liberia. MONROVIA – FrontPageAfrica has reliably gathered that there is an imminent increase in the price of rice due to a sharp increase in cost of international freight and other increments in various fees at the Freeport of Monrovia. They said their attention has also been drawn to the recent increment of fees of vessel and warehouse operation by the Association of Liberia Stacking Companies. In January, APM Terminals which manages the Freeport of Monrovia, announced a 9.67 percent increment on all current charges of its services at the Free Port of Monrovia. The terminal storage and handling cost usually accrue to APM Terminals Liberia, amounts to 0.5% of the total transport and logistics cost incurred by the shipper and with the tariff increase, now amounts to 0.55%.
