Islamabad
The cement exports from the country are likely to post impressive growth of 45% annually led by exports from the southern region in November 2019, reporting a jump of 58% to 0.5 million tons, mainly owing to huge clinker sales to Bangladesh amounting to 155,000 tons. However, exports volumes during 5MFY20 are expected to record 22% annual growth to 3.6 million tons as compared to the same period of last year. As per cement industry’s provisional statistics, Maple Leaf Cement (MLCF) and Cherat Cement Limited (CHCC) are expected to post a massive jump in total sales by 84% YoY and 70% YoY to 480,000 tons and 302,000 tons, respectively. —INP
