Due to the COVID-19 pandemic, cement prices have increased across the country over the last few days. According to cement vendors and stakeholders, ‘clinker,’ the raw material used for the production of cement is imported and, as its price increased on the international market as a result of the pandemic, the cement bag previously sold for GHC 38 is now being sold for GHc41.
In a radio interview, the Executive Secretary of the Ghana Real Estate Developers’ Association (GREDA) – Mr Samuel Amegayibor said, “There has been a price increase due to some challenges facing industry players while importing the main raw material called ‘Clinker’ which is used to manufacture 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”.
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