To prevent cement prices spiralling out of control following recent increases, the Ivorian Ministry of Commerce and Industry set maximum cement prices in Côte d’Ivoire at XOF73,000/t (US$135.08/t) of CPJ 32.5 cement ex-works, and at retail level XOF85,000/t within a radius of 300km from the cement plant. Retail prices beyond 300km were set at XOF90,000/t.
The sale of CPJ 42.5 cement will be at a maximum price of XOF75,000/t ex-works. Maximum retail prices within a 300km radius were set at XOF90,000/t and further than 300km at XOF95,000/t.
The recent price increases have been attributed to a shortage of supply as the country is affected by an energy crisis that has made it difficult for companies to maintain production rates.
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