[ 2021-03-08 ]

Cement price goes up
Owing to the COVID-19 pandemic, the price of
cement has escalated over the last few days across
the country.

According to cement sellers and stakeholders,
“clinker”, the raw material used to produce
cement is imported and since its price has
increased in the international market owing to the
pandemic, a bag of cement which was earlier sold
for GH¢ 38 is now being sold for GH¢41.

In a radio interview, the Executive Secretary of
the Ghana Real Estate Developers’ Association
(GREDA) – Mr. Samuel Amegayibor said, “There
has been a price hike because of certain
challenges which industry players are facing while
importing the major raw material called
‘Clinker” which is used to produce cement. We
don’t have it here and it is a very small
quantity that we are able to get locally.

‘Clinker’ is mainly imported and we are being
told that some of its sources have closed down.
The international market price of ‘Clinker’
has gone up and so has the cost of shipping."

Source - Goldstreet

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