Price of Sachet Water Hits 30 Pesewas in June

Pure_waterThe Association of Sachet and Packaged water producers have given indications they will increase the cost of sachet water marginally from the current 20 pesewas in June this year.

The Chairman of the Association, Mr. Magnus Nuuno in an interview noted that members of the Association have been adversely affected by the recent 9 percent fuel price increment as well as the current power crises which presents them with extra costs.

He added that they cannot continue to ‘stomach the extra cost’ which often runs them into loss therefore will see to transferring the cost of consumers.

Mr. Nonoo added said, the association is aware of the consequence of such action on consumers therefore will ensure only a marginal price increase.

Ghana’s cedi exchange rate against other trading currencies is high and therefore makes it expensive for the sachet water producers to buy as much plastic products are they used to buy in the past with the same amount of money.

It is likely that sachet water will from June 1, 2015 be sold between 25 and 30 pesewas.

The current economic conditions in the country has proven very challenging to several businesses leading to several retrenchments and business shutdowns.

 

Source: 233livenews

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