The Liberia Cement Corporation (CEMENCO) has increased the price of cement without consulting distributors or obtaining approval from the Ministry of Commerce, according to a memo obtained by Verity News.
The revised prices, contained in a memorandum dated September 28, 2026, and addressed to CEMENCO’s valued customers, took effect the same day, according to the company.
Under the new pricing structure, CEM II 52.5N is now selling for US$9.80 per bag, while CEM II 42.5N is priced at US$8.10 per bag.
CEM II 32.5R is listed at US$7.60 per bag, while MC 22.5X is priced at US$7.00 per bag.
CEMENCO said the price adjustments are part of efforts to ensure sustainable supply and continued delivery of its cement products to the market.
The company has also revised its rebate structure based on the volume of cement purchased. Customers purchasing 700 bags and above will receive a rebate of US$0.10 per bag, while purchases of 5,000 bags or more will attract a US$0.15 rebate per bag. Customers purchasing 10,000 bags and above will receive a US$0.20 rebate per bag.
However, CEMENCO announced that transportation incentives will no longer apply under the revised arrangement.
The company said its end-of-year bonus program remains unchanged.
The latest adjustment has reportedly triggered concerns among some cement buyers, particularly over its potential impact on construction costs and consumers.
Hon. Dixon S. Doe, one of the buyers, expressed dissatisfaction with the new prices, warning that continued increases could place additional financial pressure on businesses and individuals engaged in construction.
Doe is calling on the Government of Liberia, particularly the Ministry of Commerce, to urgently look into the matter.
“If we are not careful, cement will in the next days be sold for US$10.00,” Doe warned, pointing to what he described as the situation at CEMENCO over the past several days.
The development comes as cement remains one of Liberia’s major construction commodities, meaning further price increases could have a direct impact on building projects and the overall cost of construction in the country.
