The price of cement increases | Economy



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Due to the COVID-19 pandemic, the price of cement has increased in recent 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 due to the pandemic, a bag of cement that was previously sold for GHC 38 is now sold. for GH ¢ 41.

In a radio interview, the Executive Secretary of the Association of Real Estate Developers of Ghana (GREDA) – Mr. Samuel Amegayibor said: “There has been a rise in prices due to some challenges facing players in the industry are faced when importing the main raw material called ‘Clinker’ which is used to produce cement. We don’t have it here and it’s a very small amount that we can get locally.

The “clinker” is mainly imported and we are told that some of its sources have closed their doors. The international market price of “Clinker” has increased, as have shipping costs ”.

Source: Goldstreet Business

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