Ghanaian cement prices rise for the second time in two months

Cement prices in Ghana have risen by GHS2.40 (US$0.45), which is the second increase for cement prices in the last two months. Cement producers have had to raise their prices as the cost of raw materials increased due to the depreciation of the local cedi currency.

Ghacem has raised its prices across the board. Its Super Rapid cement advanced from GHS30.47 to GHS32.47/50kg bag (US$6.1/ 50kg bag and GHS649.4/t (US$124.18/t)), Super Strong Cement has moved up from GHS30.83 to GHS33.23 and Ghacem Extra jumped from GHS31.68 to GHS34.18.

Meanwhile, Dangote Cement's 42.5 grade cement increased from GHS32.55 to GHS35.55. CIMAF also pushed the prices of all its cement products up. The 42.5R type cement climbed to GHS33.2 from GHS30.8 and the 42.5N grade of cement went from GHS30.3 to GHS32.7. Finally, the 32.5 grade cement rose from GHS29.9 to GHS32.3.