Cement Prices Adjusted Nationwide Following Global Market Changes

The Ministry of Trade and Industry has announced new cement prices across Sierra Leone following recent increases driven by developments in the international market.

According to the Ministry, the price adjustments have been influenced by global economic pressures, including the ongoing crisis in the Middle East, which has led to higher energy costs as well as increased freight and import-related expenses.

The Ministry explained that it has engaged cement importers and private sector stakeholders to ensure a steady supply of cement while promoting fair pricing for consumers.

Following a review of current costs and pricing structures, the Government has set revised wholesale and retail prices for both imported and local cement.

Imported cement (42.5R) will now sell at NLe175 at wholesale level, while local cement (32.5R) is priced at NLe165.

At the retail level, prices vary across the country. In the Western Area, imported cement will sell at NLe205 and local cement at NLe195. In Port Loko, prices are set at NLe220 and NLe210 respectively, while Bo will see prices of NLe225 and NLe215.

In Kenema, cement will retail at NLe230 for imported and NLe220 for local, while Kono is set at NLe233 and NLe223. Kailahun prices are NLe240 and NLe230 respectively.

Other regional prices include Kambia at NLe222 and NLe212, Kabala at NLe233 and NLe223, Moyamba at NLe227 and NLe237, Bonthe at NLe217 and NLe235, Pujehun at NLe222 and NLe225, Makeni at NLe223 and NLe212, Tonkolili at NLe245 and NLe213, and Karene at NLe235.

The Ministry assured the public that it will continue to review cement prices periodically in consultation with importers and producers to reflect market realities.

Government also reaffirmed its commitment to ensuring a stable supply of cement at reasonable and affordable prices nationwide.