Cemex has increased the price of cement in Mexico by five per cent last week, making it the second price rise by the company this year. The increase applies to national sales of bagged cement.

The increase applies from 4 June and the company has said the price is part of its programme to supply “value over volume” and to set “realistic cement prices.

In January the company carried out a 10-12 per cent increase in prices for both bagged and bulk cement as well as raising prices for ready-mixed concrete by six per cent.