Setting the Record Straight: No Cement Price Reduction to GHC 82.00

Setting the Record Straight: No Cement Price Reduction to GHC 82.00

In light of the recent announcement regarding a significant reduction in cement prices, I embarked on an investigation to uncover the truth behind the claims of a price cut from Ghc 120.00 to Ghc 82.00 per bag. Apexnewsgh reports

My journey took me to the Upper East Regional Capital, where I visited six different cement shops within the Bolgatanga to assess the situation firsthand.

Contrary to the hopeful reports, my visits revealed a different story. None of the shops I inspected stocked GHACEM cement, the brand at the center of the price cut rumors. Instead, I found that the available options were CKG and Savannah Diamond, both priced between Ghc 119.00 and Ghc 120.00 per bag.

As of May 19, 2025, the prices of cement in the Upper East Region remain unchanged. However, dealers expressed optimism that prices could potentially drop in the near future, depending on the performance of the cedi against the dollar.

Meanwhile, in a significant development for the cement industry, the Cement Producers Association of Ghana convened a meeting today to discuss the sudden price reduction seen on social media.

Apexnewsgh is actively monitoring the situation, keeping a close eye on the meeting’s outcomes and any announcements that may arise. The outcome of this gathering has the potential to impact both producers and consumers alike, given the importance of the cement industry to Ghana’s ongoing infrastructure and development projects.

As the details emerge, Apexnewsgh will provide updates on the implications of the meeting and how it may shape the future of cement production in Ghana.

Source: Apexnewsgh.com

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