Cement records highest-ever monthly sale in October

ISLAMABAD: Cement sector registered the “highest-ever” monthly sale of 5.735 tonnes in October growing by 15.83 per cent as comparing to last year’s corresponding period.

This was stated by Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood. He tweeted it is even more encouraging to note that cement export grew by 19 per cent in October, 2020, fetching US$32.86 million as compared to US$27.62 million worth of exports last year.

I am happy to inform that Cement recorded the highest ever monthly sales in October 2020 at 5.735 million tons. The Local sales increased by 15.83% as compared to October last year. It is even more encouraging to note that in October 2020, the export of cement grew by 19% … 1/3

— Abdul Razak Dawood (@razak_dawood) November 5, 2020

Also Read: CM Buzdar directs to expedite issuance of NOCs to new cement plants

Overall cement exports grew by 10.8 per cent to US$ 105.18 million during July-October 2020 from US$ 94.97 worth of exports recorded during corresponding period of last year.

Razak Dawood congratulated all the cement manufacturers on this performance.

Also Read: Cement consumption in Pakistan grows 5.04 pc in August