Honduras: cement price up HNL10.35 in past year

A 42.5kg bag of cement in Honduras has seen its price rise by HNL10.35 (US$0.48) in the past 12 months as the ex-works price was dollarised.

In February 2014, the Ministry of Economic Development (SDE) and cement companies agreed to set the price at US$7.60/bag. From February 2014 to March 2015 the price rose from HNL157.10 to HNL167.45/bag.

However, regional variations exist. In the capital Tegucigalpa, a bag costs HNL178-180 while in Nacaome and San Lorenzo cement retails at HNL190/bag.

Last year, cement production reached 35.8m bags or 1.52Mt, representing a value of US$272m.