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Ethiopia: Ministry of Trade and Regional Integration and Cement Manufacturers’ Board Announce New Cement Prices

Price of Cement MoTRI ENA

Ministry of Trade and Regional Integration (MoTRI) and Cement Manufacturers’ Board (CMB) announced the price of cement that will be implemented starting from January 30, 2023. The price is set as follows:

       

        a) Dangote Cement – Birr 1,106.85 per quintal;

        b) Derba Cement – 1,067.33 per quintal;

        c) Capital Cement – 1,052.25 per quintal; and

        d) Kuyu Cement – 1,065.25 per quintal.

According to the joint press release made by MoTRI and CMB, all cement products will be sold below Birr 1,200. Cement prices for Regional States and Zones will be made public in the near future.

MoTRI announced in December last year that the Government would no longer involve in the Ethiopian cement market. Follow this link to read more.

Source (including image): Ethiopian News Agency