{"id":66234,"date":"2020-06-08T10:00:53","date_gmt":"2020-06-08T05:00:53","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66234"},"modified":"2020-06-05T21:19:15","modified_gmt":"2020-06-05T16:19:15","slug":"apcma-reports-decline-in-export-local-cement-consumption","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/apcma-reports-decline-in-export-local-cement-consumption.html","title":{"rendered":"APCMA reports decline in export, local cement consumption"},"content":{"rendered":"\n<p>Islamabad: The All Pakistan Cement Manufacturers Association (APCMA) has released data which reveals a decrease of 36.12% in exports and local consumption of cement in May 2020, as compared with the corresponding figures last year (2019), according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cement-apcma-reduction-sales-tax-request.html\" target=\"_blank\" rel=\"noreferrer noopener\">Budget 2020-21: APCMA urges govt to reduce sales tax on cement<\/a><\/p>\n\n\n\n<p>The domestic cement uptake declined by a massive 37.63% to 2.27 million tonnes in May, as compared with 3.64 million tonnes uptake recorded in May 2019. The cement exports have declined by 24.81% from the corresponding figures of last year.<\/p>\n\n\n\n<p>As per reports, this declining trend has been associated with the slowdown in the construction sector caused by the COVID-19 pandemic and its ensuing lockdown, the holy month of Ramzan and Eid holidays.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/icci-requests-wht-waiver-on-cement-steel.html\" target=\"_blank\" rel=\"noreferrer noopener\">ICCI appreciates construction sector relief package, requests WHT waiver on cement, steel<\/a><\/p>\n\n\n\n<p>However, during the first 11 months of FY 2019-20, the total cement despatches were recorded at 43.189 million tonnes, as against 43.327 million tonnes recorded last year \u2013 showing a nominal decline of 0.32%. The APCMA spokesperson said that the cement sector posted a growth of 31% in domestic cement consumption until <a href=\"https:\/\/www.zameen.com\/news\/cement-sales-surge-fy-2020.html\" target=\"_blank\" rel=\"noreferrer noopener\">February 2020<\/a> and has been in decline \u2013 for three consecutive months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The All Pakistan Cement Manufacturers Association (APCMA) has released data which reveals a decrease of 36.12% in exports and local consumption of cement in May 2020, as compared with the corresponding figures last year (2019), according to news sources. Read: Budget 2020-21: APCMA urges govt to reduce sales tax on cement The domestic cement uptake declined by a massive 37.63% to 2.27 million tonnes in May, as compared with 3.64 million tonnes uptake recorded in May 2019. The cement exports have declined by 24.81% from the corresponding figures of last year. As per reports, this declining trend has been associated with the slowdown in the construction sector caused by the COVID-19 pandemic and its ensuing lockdown, the holy month of Ramzan and Eid holidays. Read: ICCI appreciates construction sector relief package, requests WHT waiver on cement, steel However, during the first 11 months of FY 2019-20, the total cement despatches were recorded at 43.189 million tonnes, as against 43.327 million tonnes recorded last year \u2013 showing a nominal decline of 0.32%. The APCMA spokesperson said that the cement sector posted a growth of 31% in domestic cement consumption until February 2020 and has been in decline \u2013 for three&hellip;<\/p>\n","protected":false},"author":75,"featured_media":61117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013,15016],"tags":[30959,30957,30958],"persona":[],"class_list":{"0":"post-66234","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"category-new-developments","9":"tag-all-pakistan-cement-manufacturers-association-apcma","10":"tag-apcma-reports-decline-in-export","11":"tag-local-cement-consumption","12":"cat-15013-id","13":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>APCMA reports decline in export, local cement consumption - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The All Pakistan Cement Manufacturers Association (APCMA) has released data which reveals a decrease of 36.12% in exports and local consumption\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/apcma-reports-decline-in-export-local-cement-consumption.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"APCMA reports decline in export, local cement consumption - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The All Pakistan Cement Manufacturers Association (APCMA) has released data which reveals a decrease of 36.12% in exports and local consumption\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/apcma-reports-decline-in-export-local-cement-consumption.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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