Pakistan firms see profits in exports to Afghanistan

Pakistan firms see profits in exports to Afghanistan
15 February 2012

Pakistan’s cement exports are being geared up due to increase in Afghan export prices to US$50-55/t from the previous level of US$39-45/t.??According to informed sources, the improved export price has finally attracted interest for Pakistani exporters, leading to a 32% YoY increase in exports to Afghanistan in January 2012.

However, Pakistan’s cement exports to India fell by 8% in January 2012 while exports to Middle East, Africa and other South Asian states via sea route rose by 4%.

Sources added that the recent hike in cement prices can only be sustained if accompanied by controlled supply. On the domestic front, cement sales registered a 2.8% YoY growth during January 2012, indicating 2.2% and 4.8% YoY recovery in domestic sales and exports respectively. Within domestic sales, the northern zone’s cement sales grew by 1% as compared to 6% YoY growth in the south.

Published under Cement News

Tagged Under: Pakistan Afghanistan