Cement sales observe an increase of 50pc in May 2021


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ISLAMABAD: As per the latest data released by the All Pakistan Cement Manufacturers Association (APCM), cement sales have observed an increase of 50pc in May 2021.  

According to the details, the total magnitude of cement sales stood at 3.201mn tons in May 2021 as compared to the magnitude of 2.271mn tons in the same period of last year. This marks an increase of 40.95pc.

Similarly, the cement exports also showed a robust increase of 105.56pc in May 2021 as the volume was recorded at 746550 tons as compared to the 363174 tons in May 2020.

In the first eleven months of the current fiscal year, the cement sales and exports stood at 52.2mn tons marking an increase of 20.91pc in comparison to the 43.189mn tons during the same period of last year.

Furthermore, the northern region sold 2.713mn tons of cement in May 2021 as compared to 2.001mn tons in May 2020. 

 

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Cement sales increase by 40.4pc in April


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LAHORE: As per the data released by All Pakistan Cement Manufacturers Association (APCMA), total sales increased from 3.5 million to 4.9 million, indicating an increase of 40.4 percent. However, the month-on-month sales decreased by 8 percent due to the Ramzan slowdown. 

According to the statistics, local sales and exports of cement saw a double digit growth in April in comparison to last year when the country was in lockdown. Local cement sales increased by 24.3 percent; the sales jumped from 3.2 million tons to 4.06 million tons. 

As per the APCMA data, the total cement sales were 5.37 million tons in March 2020 while they declined to 4.56 million tons in March in 2021. This is the result of reduced commercial activity due to Ramzan and Covid-19. 

According to analyst Shankar Talreja at Karachi-based Topline Research, the month-on-month sales in April plummeted due to slowdown of economic activity in the month of Ramzan. 

 

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