KARACHI: Domestic sale of cement in volume has jumped by 8.8 percent to 23.95 million tons in June 2012 compared to 22 million tons in June 2011 due to rise in construction activities in the country.
According to industry data, the domestic sale of cement (volume) has recorded a rise of 12.5 percent to 2.29 million tons in June 2012 over June 2011 on month to month basis.
Pakistan's cement exports have, however, dropped by 9.1 percent to 8.58 million tons during the period under review compared to 9.43 million tons in corresponding period last year.
Similarly, cement exports in June 2012 registered a decline of 13.9 percent to 0.73 million as compared to 0.85 million tons in the same month last year.
Exports to India touched the lowest monthly level of 15,000 tons in June 2012 despite re-opening to trade route between the two neighbours. But overall export to India record an increase of 2.6 percent to 61,000 tons during the year.
Exports to Afghanistan have recorded a negligible decline of 0.2 percent to 4.72 million tons during the period under review compared to 4.73 million tons in June 2011.
Senior research analyst at KASB Research, Shagufta Irshad Khurram said that cement sector is doing well on the back of post wheat harvest.
The construction activities in rural areas have been geared up, she added.
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