Cement sector: Dispatches increase, exports fall
Exports in July totaled 465,000 tons against 503,000 tons in the same time last year, showing reduction of 7.45%
LAHORE:
Cement dispatches to domestic market in July clocked in at 1.8 million tons compared to 1.73 million during the same month last year, showing an increase of 4.19 %. Exports in July totaled 465,000 tons against 503,000 tons in the same time last year, showing reduction of 7.45%.
A spokesperson for All Pakistan Cement Manufacturers Association (APCMA) said that exports declined mainly because of non-tariff barriers erected by the Indian authorities and influx of Iranian cement in Afghanistan.
Published in The Express Tribune, August 9th, 2015.
Cement dispatches to domestic market in July clocked in at 1.8 million tons compared to 1.73 million during the same month last year, showing an increase of 4.19 %. Exports in July totaled 465,000 tons against 503,000 tons in the same time last year, showing reduction of 7.45%.
A better offtake was observed in domestic dispatches in July despite heavy rains that affected construction activities in many parts of the country. Exports, however, continued to disappoint.
A spokesperson for All Pakistan Cement Manufacturers Association (APCMA) said that exports declined mainly because of non-tariff barriers erected by the Indian authorities and influx of Iranian cement in Afghanistan.
Published in The Express Tribune, August 9th, 2015.