Cement dispatches declining in the country

According to the monthly stats of cement industry, Total cement dispatches (domestic and exports) during the financial year ending June 30, 2022 (July 21-June 22), has been recorded at 52.89 million tons. This makes 7.91 percent lower than 57.43 million tons dispatched during the corresponding fiscal. However, the domestic uptake during July 21–June 22 reduced by 1 percent to 47.63 million tons from 48.11 million tons during July 20-June 21. Whereas exports during the same period declined by a massive 43.57 percent to 5.25 million tons from 9.31 million tons during July 20 – June 21. The All Pakistan Cement Manufacturers Association expressed serious concerns over the uncertainty in government’s policies. It indicated that the industry is going in difficult times due to the historical high prices of fuel, electricity, coal and other raw materials. According to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement dispatches by the industry during the month of June 2022 were 4.97 million tons compared to 4.66 million tons in June 2021.This shown an increase of 6.66 percent.  In June 2022, North-based cement mills dispatched 4.12 million tons cement in domestic markets showing an increase of 6.8 percent against 3.85 million tons dispatches in June 2021. South based mills dispatched 856,863 tons cement in local markets during June 2022 that was 5.98 percent higher compared to the dispatches of 808,490 tons during June 2021. Domestic dispatches by South based mills during July 21 – June 22 were 8.19 million tons showing an increase of 8.74 percent over 7.53 million tons cement dispatched during the same period of last fiscal year. There was however substantial decline of around 35.6 percent in exports from south zone as the volumes reduced to 4.34 million tons in the fiscal year July 21 – June 22 from 6.74 million tons during last fiscal year.