Cement sales decline
KARACHI: Local cement sales dipped 18 per cent year-on-year to 2.65 million tonnes in September, plunging to 2017 level due to surging prices driven by irrational taxation and construction slowdown, said All Pakistan Cement Manufacturers Association (APCMA).
However, exports swelled by 71.52pc to to 978,871 tonnes compared to 570,692 tonnes in September 2023.
An APCMA spokesperson said this is the fourth straight monthly decline in sales and continuous downfall in industry’s capacity utilisation.
Заголовки