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ncreasing by a massive 212.13pc to 1.044m tonnes.

Cement sector's despatches in the domestic market during September jumped by 18.9pc to clock in at 3.806m tonnes on the back of increasing local consumption and buoyancy in exports.

In September, industry despatched 3.8m tonnes against 3.2m tonnes last year. Domestic despatches from Northern region reached 2.45m tonnes, up by 3.45pcent, whereas, despatches from Southern region clocked in at 0.641m tonnes up by 49pc from same month last year.

Cumulative exports, from both regions clocked in at 0.715m tonnes with north and south based producers exporting 0.294m and 0.421m respectively.

Cement sector continues to remain under pressure from rising international coal prices, rupee depreciation, imposition of additional duties and taxes and high interest rate environment which are likely to hurt the sector's profitability during the current fiscal year.

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Publication:Dawn (Karachi, Pakistan)
Date:Oct 10, 2018
Words:174
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