Cement sales grow record 44.4pc in March

Published April 3, 2021
Cement sector posted the highest-ever monthly growth of 44.39 per cent in March to 5.773 million tonnes from 3.722m tonnes in the same period last year. — AFP/File
Cement sector posted the highest-ever monthly growth of 44.39 per cent in March to 5.773 million tonnes from 3.722m tonnes in the same period last year. — AFP/File

KARACHI: Cement sector posted the highest-ever monthly growth of 44.39 per cent in March to 5.773 million tonnes from 3.722m tonnes in the same period last year due to a massive increase in domestic consumption and exports.

Data released by the All Pakistan Cement Manufacturers Association (APCMA) on Friday showed that local cement dispatches in March 2021 were 4.563m tonnes, up by 42pc compared to 3.214m tonnes in the same period last year. Exports swelled by 60pc from 507,480 tonnes in March 2020 to 810,962 tonnes in March 2021.

During March 2021, cement mills in the North dispatched 3.809m tonnes to local markets against 2.749m tonnes in March 2020, up by 38.52pc. In March 2021, south-based mills dispatched 753,704 tonnes in domestic markets which was 62.28pc higher than 464,440 tonnes in the same period last year.

Exports from North-based mills registered an enormous increase of 162.58pc as the volumes increased from 106,759 tonnes in March 2020 to 280,330 tonnes in March 2021. Exports from South rose by 32.42pc to 530,632 tonnes in March 2021 from 400,721 tonnes during the same month last year.

During the first nine months of the current fiscal year (9MFY21), total cement dispatches (domestic and exports) were 43.325m tonnes that was 17pc higher than 37.035m tonnes during the corresponding period of last fiscal year.

During July-March 2020-21, local dispatches increased by 18.29pc to 36.182m tonnes from 30.588m tonnes during 9MFY20. Exports increased from 6.447m tonnes during July-March 2019-2020 to 7.144m tonnes during 9MFY21, showing a growth of 11pc.

During 9MFY21, North-based mills dispatched 30.629m tonnes for domestic consumption, marking an increase of 17.75pc compared to the same period last fiscal year when it stood at 26.012m tonnes. Exports from North were 1.911m tonnes, down by 0.22pc over exports of 1.915m tonnes during the same period of last fiscal year.

South-based mills dispatched 5.552m tonnes in the domestic market during 9MFY21, up by 21.36pc than 4.575m tonnes during the corresponding period of last fiscal year. Exports from South were 5.232m tonnes – registering a jump of 15.46pc over exports of 4.531m tonnes during the same period last fiscal year.

The APCMA spokesman said overall growth was accompanied by some worrisome signs as the rates of power and coal were consistently increasing. “Cement is an energy intensive product. The industry is finding it hard to operate due to continuous rise in major input cost elements,” the spokesman said. “The industry is not demanding any special favours but wants to be treated on a par with five export-oriented sectors. Import levies on coal have to be rationalised as it is the main input of the cement sector,” he added.

Published in Dawn, April 3rd, 2021

Opinion

Sub judice rule
18 Sep 2021

Sub judice rule

It is time this objection, sub judice, is laid to rest.
The Black Caps folly
Updated 18 Sep 2021

The Black Caps folly

There is so much wrong — and worrying — about the entire sorry episode of New Zealand backing out of Pakistan tour.
CT NAP revisited
Updated 18 Sep 2021

CT NAP revisited

A policy of appeasement towards extremists has undermined the state’s writ.
Pathways for reform
Updated 17 Sep 2021

Pathways for reform

Even now the government has said they are listening, but they have not said how they are listening.

Editorial

Blinken’s remarks
Updated 18 Sep 2021

Blinken’s remarks

The US establishment cannot scapegoat Pakistan for two decades of bad policy in Afghanistan.
18 Sep 2021

Worrying survey

THE findings of the Labour Force Survey 2018-19 indicate that some important headline trends have already taken or...
18 Sep 2021

Special needs

THE fact that only 3,653 children with special needs, out of some 300,000 in Sindh, are registered with the...
TTP amnesty?
Updated 17 Sep 2021

TTP amnesty?

An amnesty should be for some individuals, not the entire outfit.
17 Sep 2021

Media regulation

THE needless controversy over media regulation may finally be heading for a resolution. In a meeting with ...
17 Sep 2021

Refusing audit

THE continuous resistance put up by several public-sector organisations to submitting their accounts for audit by ...