Cement News tagged under: Pakistan
Pakistan July dispatches decline06 August 2013, Published under Cement NewsPakistan reported a decline in dispatches for the first month of fiscal FY13-14 as the pace of construction slowed due to monsoon rains and Ramadan. During July 2013 (the first month of FY13-14), local cement sales fell 10.43 per cent YoY to 1.846Mt compared to 2.060Mt in July 2012. Exports were down by 0.75 per cent last month to 0.749Mt against 0.755Mt in July the year before. International deliveries from the north declined to 0.525Mt to 0.615Mt. Exports from the south, however, sa... |
Pakistan export earnings rise in FY12-1325 July 2013, Published under Cement NewsIn the fiscal year ending 30 June 2013, Pakistan exported 9.073Mt of cement on revenues of US$577.73m compared to 8.748Mt at US$498.84m in the corresponding period of last year. These latest figures from Pakistan’s Federal Bureau of Statistics show that export volumes rose by 3.71 per cent while in dollar value terms, they were 15.81 per cent higher compared to the comparative period a year earlier. In terms of the Pakistan rupee, exports rose by 25.23 per cent to PKR55.87bn during FY13. ... |
Pakistan hits domestic dispatch record09 July 2013, Published under Cement NewsPakistan achieved record domestic dispatches in the fiscal year 2012-13 (July-June) as sales crossed the 25Mt mark, 1.1Mt higher than last year’s 23.95Mt. Stagnant exports, however, held back the sector’s overall full-year performance. Accumulated data from the All Pakistan Cement Manufacturers Association (APCMA) showed that total dispatches during the fiscal (including exports) reached 33.43Mt, representing YoY growth of 2.82 per cent. Domestic dispatches accounted for 25.06Mt while 8.37... |
Pakistan export earnings up in 11MFY1302 July 2013, Published under Cement NewsDuring the first 11 months of fiscal FY12-3, Pakistan exported 8.013Mt of cement and earned US$524.68m, up 1.27 per cent and 17.43 per cent, respectively. These latest figures come from Pakistan’s Federal Bureau of Statistics also show that in terms of local currency, the value of exports surged by 27.51 per cent to PKR50.64bn during July 2012-May 2013. Average export prices also rose by 15.95 per cent to US$65.47/t over the 11 months of the current fiscal compared to US$56.46/t in the com... |
Pakistan's June dispatches dragged down by lower exports01 July 2013, Published under Cement NewsTotal dispatches by Pakistan cement manufacturers during June 2013 fell 6.44 per cent to 2.702Mt compared to 2.888Mt in the previous month, held back mainly by lower export volumes. Domestic dispatches declined 1.4 per cent on monthly basis to 2.07Mt in June 2013 compared to 2.10Mt in the month before. The north region posted a marginal drop of 2.8 per cent to 1.665Mt compared to 1.713Mt in May 2013. Dispatches from the south were up by 4.8 per cent on monthly basis to 408,000t. ... |
Pakistan: cut in discount rate should benefit cement sector27 June 2013, Published under Cement NewsPakistan's cement sector remained the major beneficiary in the reducing interest rates scenario being one of the major leverage sectors thanks to massive allocation of Public Sector Development Program (PSDP). The cement volume growth may cross the figure of 4 per cent in FY2013-14, as the National Economic Council has approved a 32 per cent hike in PSDP allocation to PKR1155bn (US$11.7bn) in upcoming budget, with share of the federal government at PKR540bn (US$5.5bn) and provincial share ... |
Cement sector set to benefit from Pakistan FY13-14 budget13 June 2013, Published under Cement NewsPakistan’s cement sector has welcomed the new Pakistan federal budget for FY13-14, presented by the country’s finance minister Ishaq Dar to parliament. The budget includes the National Economic Council’s approval of PKR1155bn (US$11.7bn) in development projects, including the PKR540bn Federal and the PKR615bn Provincial Public Sector Development Programmes, which will see considerable investment in water, energy, road, rail as well as transport and communication networks. Water projects w... |
Pakistan: cement outlook is positive12 June 2013, Published under Cement NewsPakistan’s cement industry saw good performance during 9M FY2013. Local dispatches touched 20.74Mt, total exports were recorded at 6.923Mt and capacity utilisation 74.15 per cent. Pakistan cement was exported to Afghanistan, South Africa, Iraq, India, Sri Lanka, Tanzania, Djibouti, Mozambique, Sudan and Kenya. According the Pakistan Economic Survey 2011-12, released by the Ministry of Finance on 11 June, the cement industry played a vital role in the manufacturing sector in Pakistan during... |
Pakistan monthly dispatches fall on transportation issues05 June 2013, Published under Cement NewsPakistan saw a rise in total dispatches for the first 11 months of the current fiscal but May 2013 sales declined by one per cent largely due to transport issues. For the first 11 months of the current fiscal, sales reached 30.552Mt compared to 29.495Mt, representing a YoY rise of 3.5 per cent. Capacity utilisation has reached 74.45 per cent, its highest level since 2006-07 as domestic dispatches have picked up appreciably through the year. However, exports between July 2012 - May 2013 we... |
Pakistan 10MFY13 export volumes decline30 May 2013, Published under Cement NewsDuring the first 10 months (July 2012-April 2013) Pakistan exported 6.943Mt on revenues of US$469.02m, compared to 7.016Mt at US$390.42m in the corresponding period of last year. This translates into a 1.03 per cent decline in terms of quantity but a 20.13 per cent rise in dollar value, according to data released by Pakistan’s Federal Bureau of Statistics. In Pakistan rupee terms, the value of exports rose by 30.64 per cent to PKR45.173bn during July-April and the average export price ro... |