Cement sales had been recorded at 3.35 million tons in the same month of previous year. According to data released by the All Pakistan Cement Manufacturers Association (Apcma), domestic consumption of the commodity rose 31.4% to 3.74 million tons in February 2020 compared to 2.84 million tons in February 2019. On the other hand, cement exports registered an impressive jump of 48.2% from 0.51 million tons in February 2019 to 0.75 million tons in the month under review. Southern region of the country reported a decline of 16% in domestic cement consumption, which fell from 0.67 million tons in February 2019 to 0.56 million tons in February this year. Exports from the southern region, however, surged 60% to 0.55 million tons last month compared to 0.34 million tons in February 2019.

Source: The Express Tribune March 04, 2020 03:22 UTC