Cement exports go up

KARACHI: The cement exports during first eight months of the current fiscal year from Jul 2018 to Feb 2019 period registered a growth of 52.30 per cent to 4.65 million tons from 3.05m tons exported in the corresponding period of last year.

According to the data released by the All Pakistan Cement Manufacturers Association, the overall cement exports from the country increased by a healthy 69.07 per cent year on year basis in Feb 2019.

The industry exported 0.51 million tons of clinker and cement in Feb 2019 against exports of mere 0.301 million tons in Feb 2018.

The Southern part of the country, particularly the Sindh region, fared comparatively better as cement exports from the region increased by 185 per cent from 0.12 million tons in Feb 2018 to 0.35 million tons in Feb 2019.

The local consumption in the region stood at 0.67 million tons in Feb 2019 as compared to 0.61 million tons in Feb 2018.