Price of Sachet Water To Increase To 60 Pesewas Effective 31 October | Business News

The worth of sachet water is to promote at 60 pesewas, efficient Monday, 31 October 2022, the National Association of Sachet and Packaged Water Producers (NASPAWAP) has stated in an announcement.

The product has been promoting at 50 pesewas per sachet since 19 September 2022.

NASPAWAP additionally advisable that ice bottled water 500ml be retailed at GHC2.50p, and iced bottled water, 750ml or medium dimension, be retailed at GHC3.50p whereas a 1.5L bottle be retailed at GHC5.00

“It is recommended that Iced bottled water, 500ml be retailed at GHC2.50, and iced bottle water 750ml or medium size bottled water be retailed at GHC3.50, iced bottle water the 1.5L be retailed at GHC5.00,” the assertion stated.

NASPAWAP additionally indicated that “a bag of sachet water (500ml x 30 sachets) will now sell at GHC10.00 from the retail trucks as ex truck price. However, in the open market, consumers may expect to purchase a bag of sachet water between GHC12.00 and GHC15.00 depending on the shop location.”

The affiliation additionally famous that the retail worth of a bag of sachet water and packs of bottled water from mini retailers will probably be decided by varied retail associations extremely depending on different determinants comparable to hire and overheads.

The group has attributed the rise within the worth of the product to the rising value of uncooked supplies, gas, and the depreciating cedi.

“On the 24 October, a ton of sachet movie was elevated from GHC25,000.00 to GHC36,000.00 representing a 44% rise, identical on preforms. Diesel gas worth is about GHC20.00 per liter on the pumps as of Wednesday (26 October).

“This means producers' working capital had dwindled by about 45% within 7 days since the NEC issued the distress call to the government. As a result, most packaged water producers are currently unable to purchase materials to the expected levels while others are not operating as they cannot afford the losses of 45% on their working capital.”

To guarantee consistency throughout the nation, the affiliation urged all regional associations to check with the evaluations. It did, nevertheless, warn of the potential of minor variations throughout areas and cities as a result of haulage to distant and distant areas.

The group urged shoppers to bear with the brand new adjustment whereas they proceed to hunt government intervention to scale back among the business's taxes.