Honduras agroindustry announces price freeze

Twelve of the most important agroindustrial companies in the country have committed to a price freeze on their products.

Monday, October 27, 2008

The measure will apply for 30 days from October 24, it was reported by authorities from the Honduran Council of Private Companies, Cohep.
"Private companies in Honduras, in light of the emergency cause by the recent tropical storm that has affected the country, have joined up in solidarity with the general population and have announced that the product brand mentioned herein will have undergo a price freeze," according to an official press release.

Market Intelligence

Everything about exports and imports in Honduras.

Top companies - Quantities, amounts and prices.

more info

More on this topic

Honduran government freezes prices.

November 2008

The government is analyzing the maximum price of 30 products in the basic basket.

The Minister of Industry and Commerce, Fredi Cerrato, said yesterday that "The Consumer Protection Law authorizes price freezes by means of a Ministry Resolution, and that the freeze applies to the maximum price."

Honduras Freezes Basic Food Prices

November 2010

Congress passed a decree freezing the prices of 33 basic food products.

Corn is not included in the resolution because there is an agreement between producers and manufacturers, which determines the pricing mechanism.

"The decree shall enter into force for a period of 60 days upon publication in the Official newspaper, setting the maximum selling prices of 33 products which make up the basic consumption needs," reports Latribuna.hn.

Honduran businessmen present price reduction plan

November 2008

Representatives of the Honduran Council of Private Companies will hold a meeting with the government to define the price adjustment for the basic food basket.

The Cohep presented a list of products for which prices will be lowered, however, the Minister of Industry and Trade, Fredys Cerrato, affirmed that the real prices will be revealed after the meeting.

Honduras Discussing Postponement of Price Freeze

January 2011

The Government looks to extend the decree which froze prices of basic goods until January 19, 2011.

The head of the Ministry of Industry and Commerce (SIC), Juan José Cruz, said he had evidence that price speculation in the Honduran market is still present, so he does not rule out the extension of the decree," reports Digital Process.

 close (x)

Receive more news about Economics

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Partner needed for financing/construction in Punta Leona, CR

I have six building lots in the Punta Leona Resort ready for construction. I am looking for a partner to provide financing and or construction.
Wanted partner for financing and/ or construction in the...

Stock Indexes

(Jan 18)
Dow Jones
S&P 500


(Jan 19)
Brent Crude Oil
Coffee "C"