According to data released by the All Pakistan Cement Manufacturers Association (APCMA), overall sales of the cement industry reached 3.325 million tons in February 2019 compared to 3.479 million tons in February 2018. The domestic market slowed down sharply as cement consumption fell 19.05% from 3.479 million tons in February 2018 to 2.817 million tons in February 2019. The industry exported 0.508 million tons of cement and clinker against exports of 0.301 million tons in February 2018. Of this, exports during July-February FY19 went up to 4.649 million tons, higher by 52.30% from 3.053 million tons in the corresponding period of last year. Domestic cement sales fall for first time in 9 yearsAccording to him, rains in almost all parts of the country have affected construction activities.

Source: The Express Tribune March 03, 2019 03:33 UTC