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Pakistani exports record YoY fall but MoM rise

30 June 2016, Published under Cement News

Pakistan's cement exports have recorded a marked fall in the first 11 months of FY15-16 as overseas demand has dropped and competition has intensified, according to data of the Pakistan Bureau of Statistics (PBS). The domestic cement industry exported 5.58Mt of cement with a total value of US$301.33 during July 2015-May 2016, compared to 7.184Mt and US$413.38 in the corresponding FY14-15 period and reflecting a fall in volume and value of 22.31 and 27.1 per cent, respectively. The averag...