Many Ghanaians were hoping that cement prices would go down in May 2025, especially since the Ghana Cedi has been getting stronger. But that didn’t happen. Cement is still expensive, and people in the building and construction sector are not happy.
In a post sighted by Citinews, In a recent development, 13 out of 15 cement companies in Ghana have submitted their May factory prices to the Cement Manufacturing Development Committee (CMDC). This is part of a rule by the Ghana Standards Authority to make pricing more transparent and fair.
Well-known companies like GHACEM, Dangote, CIMAF, Diamond Cement, and others sent in their prices. Only two companies failed to do so and might be punished by the authorities.
According to the data submitted, 32.5R cement is selling between GH¢93.89 and GH¢105, while the 42.5R cement ranges from GH¢105 to GH¢127. On average, customers are paying around GH¢97.70 and GH¢109.40 for these two types.
Many people expected the prices to fall because of the improved Cedi. But the reality is that the cost of making cement, transporting it, and other challenges in the market are still high.
These hidden costs are keeping prices up, even though the local currency is doing better.
Professor Alex Dodoo, head of the CMDC, says the next price list will be released on June 28, 2025. It will be made available to everyone through the GSA website, newspapers, and the companies’ own sites.
As Ghana continues to build roads, houses, and offices, cement remains very important. Ghanaians are now watching closely to see if prices will ever come down, or if high costs have become the new normal.