Pakistan: domestic cement sales accelerate in October

Pakistan cement industry showed mixed result of performance in October 2016. Sales of cement in the domestic market accelerated to 15.88 per cent in October 2016, but exports declined by 1.96 per cent compared.

According to data released by All Pakistan Cement Manufacturers Association (APCMA), domestic dispatches in October 2016 were 3.008Mt, registering a growth of 15.88 per cent, while the exports amounted to 0.518Mt reflecting negative growth of 1.96 per cent, compared to October 2015.
Total cement dispatches in October amounted to 3.527Mt, reflecting a growth of 12.87 per cent.

Capacity utilisation for the month of October 2016 was 92.77 per cent.

However, during the first four months of current fiscal year, July-October 2016, the domestic cement industry has posted a growth of 11.26 per cent in local dispatches compared to the same period of last fiscal year.

Exports also recorded a growth of 1.73 per cent compared with exports during the same period of last year. The overall situation during first four months of current fiscal year showed a 9.57 per cent growth compared to the same period of last fiscal year.