Volume & Pricing

Ethiopia: Messebo resumes exports to South Sudan

14 December, 2020

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Managers of Messebo blame the conduct of managers at Derba for distorting prices in the market.

ÔÇ£Many people in Mekele and Bahir Dar have stopped buying cement from us after it (Derba) announced that it will enter these markets with drop-dead prices,ÔÇØ a manager at Messebo told Fortune. ÔÇ£Despite its product not being seen in the market [yet] as promised, it would flood the market and create unnecessary tension so that we just could not sell our products.ÔÇØ

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