2025, Fancesa raised the ex-factory price of IP-40 and IP-30 bagged cement by 3 bolivianos at the same time: IP-40 from 49 bolivianos to 52, and IP-30 from 46 bolivianos to 49. Although it seems that each bag is only 3 yuan more expensive, it is the second price adjustment of the Sucre state-owned factory in 2025-the increase in April has been digested by the market, and now it has added new accounts. Guido Calvo, chairman of the
board of directors, explained the price adjustment as "compensation cost". He said that imported raw materials, spare parts, transportation and bank charges have almost doubled in the past six months, while local prices in Sucre have been frozen for two or three months, "distorting the regional market if they do not rise.". To his relief, "all output is still booked out" and demand has not cooled down because of price increases. For builders,
however, the three bolivianos are like another straw that broke the camel's back. Samuel Torres, president of the Chuquisaca Provincial Construction Chamber of Commerce, made a calculation: cement has risen by nearly 10 bolivianos in half a year, and the cost of concrete has been pushed up by a large margin; Although the government has promulgated the Supreme Decree of "Cost Index Update", due to the lengthy approval, "less than 1% of enterprises have successfully adjusted the difference", a large number of contractors have been forced to perform at a loss, and "the tide of bankruptcy and termination of contracts has emerged".
Torres questioned that on the one hand, Fancesa "raised the price to the sky", on the other hand, it was unable to meet the local basic supply, "the gap was filled by high-priced cement from other places", which made the construction site in Sucre, the provincial capital, fall into a double squeeze. He called on the factory to sit down with the industry to renegotiate, otherwise more projects under construction will be suspended due to the breakdown of the capital chain, and the local economy will be further dragged down.