Cement: Local sales rise while exports fall
Cement sales increased for the fifth straight month compared to last year; however, exports declined for the third consecutive month and capacity utilisation was at its lowest since 2002-03.
An All Pakistan Cement Manufacturers Association spokesperson said that total cement dispatches till April stood at 26.643 million tons, which is 3.31% higher than the corresponding period previous year.
Domestic sales during this period rose by 8.51% but exports registered an 8.91% decline. The Afghanistan market remained relatively stable, as exports declined nominally by 0.15% to 3.778 million tons, while exports to India rose by 15.19% to slightly over 0.5 million tons through the sea and the Wagah border.
Published in The Express Tribune, May 8th, 2012.
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