Led by exports, cement sales increase 8% in May
Cement dispatches increased 7.83% and reached 4.275 million tons in May 2024 against 3.965 million tons during the same month of last year.
According to data released by the All Pakistan Cement Manufacturers Association (APCMA), local cement sales of the industry were 3.357 million tons during May 2024 compared to 3.432 million tons in May 2023, showing a decline of 2.17%.
Exports, however, increased by a massive 72.16% as volumes surged from 533,215 tons in May 2023 to 917,962 tons in May 2024.
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