NAMILCO advises customers to cease ‘panic buying’ of flour

…says there will be adequate supply in normal demand

The National Milling Company of Guyana Incorporated (NAMILCO) has advised its customers to end their panic buying of flour, which has been prevalent among many households during the Covid-19 threats.
In a notice to the public, NAMILCO indicated that the hoarding of flour is not endorsed at this time. With the normal buying pattern, there would be a constant supply of Thunderbolt and Maid Marian products.
“Namilco is advising all customers and consumers that there should be no panic buying or hoarding of flour. We guarantee you that we have adequate quantities of all Namilco Thunderbolt and Maid Marian products, providing your normal pattern of buying is maintained. We also have adequate quantities of all raw materials necessary to maintain production,” the company stated.
Apart from this, NAMILCO have indicated that prices remain the same for their products, and implored retailers to maintain the same prices. Meanwhile, as it relates to the virus, safety measures have been employed at the facility to ensure that staffers are kept safe from contracting the disease.
Presently, Guyana has recorded five cases of the Covid-19 virus. Ever since the announcement of the first case, Guyanese flocked the supermarkets and stores to stock up on food supplies, especially flour and canned goods. Items such as toilet paper and disinfectants were also flying off the shelves.
For two weeks, businesses will remain closed, hence many sought to buy adequate amounts of food supplies. This also limits their interaction and contact at a time when schools and other entities have been closed or have restricted their operations.
The panic buying of goods among the population has left many shelves empty, until businesses can restock supplies for their customers.