March cement despatches soar 3.85pc to 3.941 million tonnes YoY
Cement despatches increased by 3.85% in March 2024 as monthly figures released by the industry shows that 3.941 million tonnes of despatches were released in this month against 3.795 million tonnes despatched during the same month of last fiscal year.
Data released by the All Pakistan Cement Manufacturers Association indicates that local cement despatches by the industry during the month of March 2024 were 3.336 million tonnes compared to 3.357 million tonnes in March 2023, showing a decline of 0.62%. Exports despatches however increased by 38.02% as the volumes increased from 438,433 tons in March 2023 to 605,142 tonnes in March 2024.
In March 2024, North based cement mills despatched 2.866 million tonnes of cement showing an increase of 1.60% against 2.821 million tons despatches in March 2023. South- based mills despatched 1.074 million tonnes cement during March 2024 that was 10.37% more compared to the despatches of 0.974 million tonnes during March 2023.
