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Cement sales hike 37pc in August

MM News Staff by MM News Staff
September 4, 2023
(Photo online)

(Photo online)

The country recorded a rise in cement sales by 37% in August 2023 to 4.518 million tonnes from 3.297 million tonnes a year ago.

According to the All Pakistan Cement Manufacturers Association (APCMA), it recorded a rise in the sale in August 2023 in the local markets by 30% as compared to August last year.

A significant rise in cement exports was witnessed by 87% to 724,777 tonnes from 387,440 tonnes a year ago.

In July, there was an increase in cement sales by 57.44% in July to 3.212 million tonnes from 2.040 million tonnes as compared to July 2022.

The 57.4% increase in cement sales signalled the commencement of construction activities in the country.

Read more: India steps up coal use to stop power outages

According to the All Pakistan Cement Manufacturers Association (APCMA), they recorded 3.212 million tonnes in cement sales in July 2023 besides a significant rise in cement exports by 183.91% to 435,854 tonnes from 153.517 tonnes a year ago.

The North-based cement factories sold 2.473 million tonnes in the first month of the current fiscal year which was 46.54% more than the previous year’s 1.688 million tonnes.

The South-based cement factories sold 739,376 tonnes, up 109.61% from 352,747 tonnes in July 2022.

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