LAHORE: Cement despatches registered an increase of 6.91 percent in November 2021 as total cement despatches during the month were 4.82 million tons against 4.5 million tons despatched during the same month of last fiscal year.
According to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement despatches by the industry during the month of November 2021 were 4.124 million tons compared to 3.742 million tons in November 2020, showing an increase of 10.21 percent.
Exports despatches, however, suffered decline by 9.2 percent as the volumes reduced from 766,273 tons in November 2020 to 695,779 tons in November 2021.
Cement despatches drop by 12.17pc in Sept
In November 2021, North based cement mills despatched 3.469 million tons cement in domestic markets showing an increase of 10.87 percent against 3.129 million tons despatches in November 2020. The South based mills despatched 654,983 tons cement in local markets during November 2021 that was 6.83 percent higher compared to the despatches of 613,113 tons during November 2020.
Exports from North based mills massively declined by 69.67 percent as the quantities reduced from 182,091 tons in November 2020 to 55,234 tons in November 2021. Exports from the South sector increased by 9.65 percent to 640,545 tons in November 2021 from 584,182 tons during the same month last year.
Copyright Business Recorder, 2021
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