The steep increase in taxes has led to a significant rise in cement prices in Pakistan, causing a sharp decline in demand.
Cement dispatches in August 2024 fell by 25.68% to 3.366 million tons, compared to 4.528 million tons in August 2023, as reported by the All Pakistan Cement Manufacturers Association .
In August 2024, mills in the north dispatched 2.53 million tons, a 22.2% decline from 3.252 million tons in August 2023. Mills in the south dispatched 835,245 tons, down 34.54% compared to 1.276 million tons in August 2023. Interestingly, exports from northern mills rose by 24.79%, from 164,195 tons in August 2023 to 204,901 tons in August 2024. However, exports from southern mills fell by 27.82%, from 566,560 tons in August 2023 to 408,956 tons in August 2024.During the first two months of the current fiscal year, total cement dispatches were 6.375 million tons, 17.82% less than the 7.758 million tons recorded during the same period last fiscal year. Domestic dispatches decreased by 20.73%, from 6.
Domestic dispatches by southern mills in July-August 2024 were 795,846 tons, a 30.02% reduction from 1.137 million tons in the same period last year. Exports from the south also declined by 4.17%, from 894,537 tons to 857,198 tons. Total dispatches from southern mills dropped by 18.64%, from 2.032 million tons to 1.653 million tons.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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