Economy & Market
Pak domestic cement consumption up 9.12percent in eight months
During the first eight months of this fiscal year (July 2016-Feb 2017), the domestic consumption of cement in Pakistan increased by 9.12 per cent, but exports came down.
Cement consumption during July-February period of this fiscal year increased by 8.26 per cent in the north and by 13.15 per cent in the southern part of the country.
In contrast, the exports from the north declined by only 2.98 per cent compared with a decline of 18.21 per cent in the south. Latest data shows that the country dispatched 26.339 MT of cement showing an overall growth of 6.36 per cent over the corresponding period of the last fiscal year.
Total cement consumption in February 2017 was 3.435 MT that is 0.41 percent less than the consumption of 3.449 MT during the corresponding month of last year.