Cement: Local sales rise while exports fall
Total cement dispatches till April stood at 26.643 million tons
KARACHI:
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.
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.