Sachet water producers have clarified that the recently announced GH¢15 price for a bag of water is a maximum retail limit, not a uniform price across the market.
According to Kwame Agyapong-Ntra, the price cap is meant to serve as a guideline in response to rising production costs driven by global economic pressures.
Speaking on Dwaso Nsem on Adom FM, he explained that increasing crude oil prices—largely linked to tensions in the Middle East—have significantly raised the cost of polymers used in sachet water production.
He added that some suppliers have declared force majeure, further pushing up input costs and forcing producers to adjust their pricing.
“The material we use is petroleum-based, so when oil prices go up, production costs also rise. That is why we reviewed prices. The GH¢15 is the maximum,” he said.
Mr Agyapong-Ntra stressed that it is inaccurate to assume all sachet water will sell at GH¢15, noting that prices will vary depending on market conditions, operational costs and supply levels.
He also pointed out that even if global tensions ease, it may take time for prices to stabilise.
Producers maintain that the price ceiling is intended to protect consumers while allowing flexibility for businesses to respond to changing cost conditions.