May 2024 Cement Exports Soar Prices Surge in Pakistan
The price of a cement bag witnessed an increase of Rs115 in a month. The price of a cement bag is up by Rs10, taking the rate of cement bag to Rs1,060 in Sindh including Karachi.
In Punjab and KP the price of a cement bag has reached Rs1,260 after a rise of Rs15 per kg.
During May 2024, Pakistan’s cement sector recorded a sharp increase of 72.16 percent in its exports.
Cement exports record sharp rise during May 2024
According to the data of the All Pakistan Cement Manufacturers Association, the cement export was recorded at 917,962 tons with a significant increase of 72.16 percent, against the export of 533,215 tons last year.
As per the official data, the sales of cement recorded a growth of 7.83 percent during May 2024, while its overall and domestic sales stood at 4.275 and 3.357 million tonnes, respectively.
Meanwhile, the total sales of cement in the past 11 months of the current year were recorded at 41.730 million tons against the sales of 40.516 million tons in the same period last year.
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