Staff Report Islamabad
Cement sector posted the highest ever monthly growth of 44.39 percent in March 2021 due to massive increase in domestic consumption as well as exports.
Total Cement despatches during March 2021 were 5.373 million tons against 3.722 Million Tons despatched during the same month of last fiscal year.
According to the data released by All Pakistan Cement Manufacturers Association (APCMA), local cement despatches in the month of March 2021 were 4.563 million tons showing a healthy increase of 41.96 percent compared to 3.214 million tons in March 2020.
Exports also increased significantly by 59.80 percent, from 507,480 tons in March 2020 to 810,962 tons in March 2021.
During March 2021, the cement mills in North dispatched 3.809 million tons cement to local markets against 2.749 million tons in March 2020 registering an increase of 38.52 percent.