Betelnut price hike hits Gizo town

Betelnut price hike hits Gizo town

The price of betelnut at the Western Provincial capital of Gizo have surged over the past week. The cost of a single nut or dami is now selling between $5 and above $7, up from the usual $2 to $3. The sudden price hike has been attributed to supply shortage from the major betelnut-producing islands such as Vella La Vella, Ranongga and Kolombangara. Betelnut vendors at Buni Tree in Gizo told the Solomon Star they are finding it increasingly diffi…