Sachets water will retail for ¢0.40 from today, and a bag will cost ¢8: The price of sachet water is set to rise to start today, April 1.
The new price of packaged water is influenced by rising raw material and gasoline costs, as well as the cedi’s depreciation, according to the National Association of Sachet and Packaged Water Producers (NASPAWAP).
If nothing goes wrong, a water sachet will cost ¢0.40, while a 500ml bottle of water will cost ¢2. Iced bottled water in 750ml or medium size will be offered for ¢2.50 starting Friday.
The retail trucks will sell a bag of sachet water, 500ml by 30pcs, for ¢6 maximum.
Mini-marts, on the other hand, will sell the product for a maximum of ¢8 per bag. ¢3.50 will be charged for a 1.5L or big bottle of bottled water.
Magnus Nunoo, the Association’s president, said that most inputs and packaging materials, which are primarily imported and derived from petroleum sources, have suffered price increases.
“At the time of our last evaluation, the dollar’s exchange rate was around ¢6.50. It is now trading at ¢8.50. Since our last study, the cost of fuel, which is a major component of delivering items to market centers, has increased dramatically,” he remarked.
He did warn, however, that owing to transportation to remote and distant locales, there may be some pricing fluctuations among regions.
The president also urged the government to evaluate the packaged water industry’s tax rules in order to assist decrease the industry’s financial burden and rescue it.