Cement sales rise in July
KARACHI: Despite a drop in exports, the country’s total cement despatches increased by 6 per cent to 4.476 million tonnes in July from 4.222m tonnes in the corresponding month last year. According to data released by the All Pakistan Cement Manufacturers Association, local cement sales rose 17.28pc to 3.771m tonnes in July from 3.215m tonnes a year ago. Exports declined by 30pc to 705,341 tonnes…
Cement sales in Pakistan saw a 17.28% increase in July, reaching 3.771 million tonnes locally, compared to 3.215 million tonnes in the same period last year, according to data from the All Pakistan Cement Manufacturers Association. This growth occurred despite a 30% drop in exports, which fell to 705,341 tonnes from 1.007 million tonnes.
The spokesman for APCMA suggested that local demand could rise further if the government reduces cement duties and taxes, benefiting end consumers. However, heavy rains are affecting various parts of the country, and the government is urged to provide relief to affected areas.
Brief written by urgent.news from Dawn Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
