Pakistan sales decline in first month of new fiscal

Pakistan sales decline in first month of new fiscal
12 August 2014


Pakistan cement dispatches during the first month of the new fiscal (FY14-15) proved disappointing with both domestic and export sales registering YoY declines.

Total sales during July 2014 fell 14.12 per cent to 2.23Mt compared to 2.6Mt, latest data from the Pakistan Cement Manufacturers Association (APCMA) shows.

Domestic dispatches during July 2014 were down by 6.5 per cent YoY to 1.73Mt.

Meanwhile, exports were 503,000t versus 749,000t during July 2013, representing a YoY decline of 32.89 per cent. The drop was mainly attributed to a reduction in shipments to Afghanistan which fell to 183,927t compared to 441,812t in the same period of last year.

Published under Cement News

Tagged Under: Dispatches Exports Pakistan