Lahore: The data revealed by All Pakistan Cement Manufacturers and Exporters Association (APCMEA) shows that demand of local cement has seen an increase of 18.90pc in the month of September as compared with the same month of 2017. The cement industry dispatched 3.806 million tons of cement in September 2018 while the cement dispatches in September 2017 were 3.201 million tons. This sudden increase came after the industry faced 2 months of slow sale ratio.
In September 2018 the domestic cement dispatches in the Northern region were 2.450 million tons increased by 3.45 percent against 2.369 million tons in September 2017 whereas, dispatches in the Southern region amounted to 0.641 million tons increased by 48.81 percent in September 2018 against 0.431 million tons in the same month last year. Exports from North were 0.294 million tons last month decreased by 4.69 percent against 0.308 million tons in September 2017. Exports from the South stood at 0.421 million tons in September 2018 increased by 350.92 percent against 0.093 million tons in September last year.
Association’s spokesman claims that high taxes on cement are causing major problems and government should provide some relief to the manufacturers by reducing these taxes