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Cement price hike looms as COCMAG introduces temporary GH¢12 surcharge

By GhanaSummary Newsroom1 min read
Cement price hike looms as COCMAG introduces temporary GH¢12 surcharge

The Chamber stressed that the GH¢12 surcharge should not be interpreted as a general increase in cement prices, explaining that it was a temporary intervention designed specifically to offset the exceptional costs generated by the port congestion.

According to the Chamber, only three main berths are currently available for clinker discharge at the Tema Port, while Berths 10 and 11 remain inaccessible to cement importers and manufacturers.

The Chamber said addressing the underlying port constraints remained critical to preventing the continued accumulation of demurrage costs and protecting the stability of clinker supplies.

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