{"id":86938,"date":"2022-06-28T12:16:27","date_gmt":"2022-06-28T07:16:27","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=86938"},"modified":"2022-06-28T12:16:32","modified_gmt":"2022-06-28T07:16:32","slug":"cement-sales-surge-local-demand-exports","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cement-sales-surge-local-demand-exports.html","title":{"rendered":"Cement sales surge amid higher local demand, exports"},"content":{"rendered":"\n<p>Islamabad: Cement sales in June surged to 5.3 million tons, which shows a 2% rise on a year-on-year (YoY) basis, news sources reported on June 27. Local consumption also rose by 9% to 5.07 million tons. \u00a0 Reportedly, domestic consumption in June also increased by 60% as compared to May 2022.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/dg-khan-cement-company-export-us.html\" data-type=\"post\" data-id=\"86658\" target=\"_blank\" rel=\"noreferrer noopener\">DG Khan Cement Company to export 50,000 tons cement to US: Bloomberg<\/a>\u00a0<\/p>\n\n\n\n<p>As per the data shared by the <a href=\"https:\/\/www.zameen.com\/news\/apcma-reports-4-increase-cement-sales.html\" data-type=\"post\" data-id=\"85173\" target=\"_blank\" rel=\"noreferrer noopener\">All Pakistan Cement Manufacturers Association (APCMA)<\/a>, exports fell by 58% on a YoY basis to 0.23 million tons in June 2022, owing to a 51% drop in north-based exports to Afghanistan to 0.01 million tons, along with a 62% drop in south-based exports to 0.13 million tonnes.\u00a0<\/p>\n\n\n\n<p>Some of the major data highlights of the report are as follows:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Exports showed improvement on a Month-on-Month (MoM) basis, going up by 32 %, with a 36% growth seen in those of the north, and a 29% uptick in the south-based exports.\u00a0<\/li><li>Shipments have continued to lag, with a 44% YoY fall to 5.20 million tonnes noted during the financial year 2021-22 (FY-22) due to a slowdown in sea-based exports to Bangladesh and Sri Lanka, as well as liquidity concerns in the bordering Afghan market.\u00a0<br><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/cement-consumption-fell-by-16-in-may-apcma.html\" data-type=\"post\" data-id=\"86509\" target=\"_blank\" rel=\"noreferrer noopener\">Cement consumption fell by 16% in May: APCMA<\/a><\/li><li>During FY-22, the north had a 6% YoY decline to 40.43 million tonnes, with local offtake falling by 3% YoY to 39.52 million tonnes due to poor demand from construction activity and government projects, while exports fell by a substantial 64% YoY to 0.91 million tonnes.\u00a0<\/li><li>South-based dispatches fell by 12% year on year, contributing to a 36% drop in exports. Domestic demand in the local south market, on the other hand, remained protected, increasing by 9% year on year in FY-22 to 8.22 million tonnes.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Cement sales in June surged to 5.3 million tons, which shows a 2% rise on a year-on-year (YoY) basis, news sources reported on June 27. Local consumption also rose by 9% to 5.07 million tons. \u00a0 Reportedly, domestic consumption in June also increased by 60% as compared to May 2022. Read: DG Khan Cement Company to export 50,000 tons cement to US: Bloomberg\u00a0 As per the data shared by the All Pakistan Cement Manufacturers Association (APCMA), exports fell by 58% on a YoY basis to 0.23 million tons in June 2022, owing to a 51% drop in north-based exports to Afghanistan to 0.01 million tons, along with a 62% drop in south-based exports to 0.13 million tonnes.\u00a0 Some of the major data highlights of the report are as follows:&nbsp; Exports showed improvement on a Month-on-Month (MoM) basis, going up by 32 %, with a 36% growth seen in those of the north, and a 29% uptick in the south-based exports.\u00a0 Shipments have continued to lag, with a 44% YoY fall to 5.20 million tonnes noted during the financial year 2021-22 (FY-22) due to a slowdown in sea-based exports to Bangladesh and Sri Lanka, as well as liquidity concerns in&hellip;<\/p>\n","protected":false},"author":84,"featured_media":61117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[30959,7326,52893],"persona":[],"class_list":{"0":"post-86938","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-all-pakistan-cement-manufacturers-association-apcma","9":"tag-apcma","10":"tag-cement-sales-surge-amid-higher-local-demand","11":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cement sales surge amid higher local demand, exports - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Cement sales in June surged to 5.3 million tons, which shows a 2% rise on a year-on-year (YoY) basis, news sources reported on June 27. 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