LAHORE: The country’s cement export witnessed 27.23 per cent decline during the first quarter of current fiscal year as compared with exports of the same period last year.
Exports during September 15 were 467,000 tonnes against 730,000 tonnes during September 14, showing decline of 36%. Total despatches during September, 15 were 2.95 million tonnes compared to 3.15 million tonnes during same month last year showing reduction of 6.34 percent. In exports the decline was almost in the same range both in North and South. Exports from North declined to 306,564 tonnes in September 2015 from 480,025 tonnes during the same month of last fiscal. Exports from South declined to a low level of 160,698 tonnes in September 2015 from 249,906 tonnes during the corresponding month of 2014.
The mills located in South suffered more than those operating in northern part of the country. In south, domestic cement despatches declined from 431,133 tonnes in September, 2014 to 399,581 tonnes in September, 2015. Domestic consumption in north however increased from 1.990 million tonnes in September, 2014 to 2.084 million tonnes in September, 2015.
