international fuel prices and inflationary pressures caused by geopolitical conflicts. Jose Maria Barroso, CEO of the company, said at a press conference to release the 2025 annual comprehensive report that the inflation cycle triggered by the current military conflict will have a profound impact on the world, and that the cost of all kinds of products and services will face upward pressure, and Mexico will not be able to stay out of it.
Barroso further warned that the inflation problem would not subside immediately with the end of the war, and that it would take time for the supply chain to return to normal operation as the production side had been severely hit. During this period, the global supply of fuel and natural gas will continue to tighten, which will force companies to carry out a new round of price increases in the year. He also pointed out that due to the tension in the Middle East and the uncertainty brought about by the renegotiation of the US-Mexico-Canada Agreement (T-MEC), the market rhythm has slowed down recently, but once the above problems are properly resolved, Mexico will usher in important development opportu nities and is expected to achieve gradual growth in the next few years, from which the cement industry and even the overall economy will benefit. To this end, Barroso stressed that all parties need to be prepared in advance, focusing on solving structural problems in the energy sector, in order to meet the expected recovery and expansion.
On the demand side, despite signs of a slowdown in infrastructure projects in both the public and private sectors in Mexico, self-built housing activities across the country have remained relatively stable, which has prevented the overall demand for cement from shrinking significantly. Data show that in the first quarter of 2026, the price of cement per ton remained at the average distributor level of 3500 pesos, and it is expected that after entering the second quarter, the pressure of rising fuel costs will gradually be reflected in the terminal price.
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