LAHORE: The cement’s domestic sales increased in double digits during the last four months, however, the exports continued to decline.
According to the data released by All Pakistan Cement Manufacturers Association, the local despatches increased to 17.9 million tons from July 15 to Jan 16 against 15.5 million tons during same period of last fiscal indicating an increase of 15.57%.
However, exports declined to 3.4 million tons from July 15 to Jan 16 against 4.5 million tons from July 14 to Jan 15 ie by 24.98%. In exports, the North based mills registered decline of 22.35 percent as exports were restricted to 2.16 million tons in first seven months of this fiscal against 2.782 million tons during July 14 to Jan 15. South based factories also suffered reduction in exports during first seven months of current fiscal year by 29.17 percent to 1.243 million tons from 1.756 million tons in corresponding period of last fiscal year.
