The gruesome find was made last night.
Reports say the body was discovered stuffed in a blue barrel in the Mitan River around 10:00pm.
Police say the body was severed at the waist and limbs and bears a tattoo with the word ‘Leo’ on the lower back.
The body was found by officers from the Manzanilla Policing District who responded to a report of the discovery.
Up to this morning the head had not yet been located.
The body is said to be that of a woman in her mid 30s.
Anyone with information as to the identity of the body is being asked to contact the nearest police station or call 999.