The All Pakistan Cement Manufacturers Association (APCMA) said that the collective consumption of cement across Pakistan increases 5.04% to 3.520 million tonnes.
The All Pakistan Cement Manufacturers Association spokesperson said that the increase in the cement dispatches in the local market was 4.84% to 2.794 million tonnes (MT) in the month of August compared to last year’s 2.665 MT.
The spokesperson while talking about the exports, said that growth was noted in year-over-year (YoY) of export dispatches as well.
The exports this August stood at 0.725 MT after a jump of 5.82% compared to last year when the overall exports were 0.685 MT, He further added that the first 2 months of the current fiscal year (2020-2021) saw a jump in collective sales by 21.78% to 8.358 MT, compared to the corresponding period last year’s 6.863 MT.
The jump in local dispatches was noted to be 19.53% to 6.747 MT while that of exports in international markets stood at 32.2% to 1.611 MT, However, the month-on-month data shows a decline in sales for the month of August.
The spokesperson of APCMA said that “The industry was expecting the July momentum to continue,” mourning that it did not happen.
The construction package was expected to boost sales of cement in the South region but the effect was not felt, he spokesperson of APCMA said
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