Total cement dispatches declines by 6.7% YoY in March
As per the data released by the All Pakistan Cement Manufacturers Association (APCMA), the industry dispatched 4.34mn MT during the month of March 2019, reporting a decline of 6.7% YoY, taking local dispatches for 9MFY19 to 29.29mn MT, down 6.4% YoY. But the export dispatches during the month continued its growth momentum, reporting a growth 22.8% YoY in March, taking total exports for first nine months up by 49% YoY. However total dispatches for the month of march remained down 6.7% YoY keeping 9MFY19 total dispatches almost flat (-0.97% YoY). Cement prices during March compared to February remained slightly down in North, whereas average cement price in South remained slightly higher than in February.
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