Mexico: cement price up 8%

In the year to date, the price of cement in Mexico has increased by just over eight per cent. This follows a price rise of nine per cent in 2014, said Juan Francisco Sanchez Kramer, investor relations director of Elementia. The price movement is on the back of an expected rise in demand due to private and public infrastructure projects.

He added that the Mexican construction sector has large potential. Significant population growth, an expanding middle class and more than 120m people without access to safe drinking water are expected to drive building activity.