Trade Chronicle Nov - Dec - 2020 issue

TRADE CHRONICLE
Cement Industry
Pakistan cement industry records
healthy dispatches in November 20
Pakistan cement industry dispatched
domestically/overseas 4.508Mt in
November 20 and recorded a growth of
4.19 per cent on YoY basis, says data
of All Pakistan Cement Manufacturers
Association (APCMA). Out of total
dispatches, the local shares increased
by 6.29 per cent to 3.742Mt from
3.521Mt in November 2019 while
exports registered a reduction of 4.99
per cent, declining to 766,273t from
806,521t in the same month last year.
The fall in export was the first instance
of decreasing exports during this fiscal,
which otherwise was on the rising
trend, an official of APCMA citied in a
statement.
The Zones wise breakdown suggests
that in the North region, the domestic
cement dispatches increased by 4.79
per cent to 3.129Mt from 2.986Mt
during this period. Nevertheless,
exports from the North decreased by
30.81 per cent to 0.182Mt in November
2020 from 0.263Mt in November 2019.
In the Southern region, the domestic
cement dispatches increased by 14.66
per cent to 613,113t from 534,720t in
Construction industry booming
in Bangladesh
The long-awaited Padma Bridge in
Bangladesh is nearing its completion
after the final span of the ‘dream bridge’
was installed almost six years after the
construction work began, recently. The
national is celebrating completion. The
Padma construction and five other
November
2 0 1 9 .
Furthermore,
the South’s exports
increased by 7.51 per cent
to 584,182t in November
this year from 543,361t in
November 2019.
Cumulative dispatches
Total cement dispatches
during the first five months
of the current fiscal year
increased by 16.61 per
cent to 23.839Mt from
20.444Mt in July-Nov 2019.
Out of this total, domestic dispatches
registered a healthy increase of
15.55 per cent, rising from 16.837Mt
to 19.456Mt. Exports also showed
encouraging growth blooming by 21.54
per cent from 3.607Mt to 4.384Mt.
In the North (Punjab-KPK) the
domestic growth increased by 16.03
per cent as consumption in the first
five months of the current fiscal year
increased to 16.757Mt from 14.442Mt
same period last year. The North’s
exports posted a decline of 10.34 per
cent in the first five months of this fiscal
gigantic projects in Bangladesh
stimulated growth in the
construction industry in the
general and cement industry.
On the happiest occasion, Director
Brand Marketing, Abdul Khair Group,
Naushad Chowdhury and Director
Operations, Shah Cement Industries
Ltd, Hafiz Sikander have announced
that their brand – Shah Cement has
been a proud
partner in
s h a p i n g
these projects
including
the Rooppur
Nuclear Power
Plant will be a
2.4 GWe nuclear
power plant,
Padama Bridge,
Grain Silo at
Mongla Port,
Matarbari Power
year which decreased to 1.087Mt from
1.213Mt during Jul-Nov 2019. The
apparent reason for less export due
to suspension of export to India and
lesser dispatchers to Afghanistan.
In the South (Sindh-Baluchistan) the
domestic growth increased by 12.66
per cent as consumption in the first
five months of the current fiscal year
increased to 2.698Mt from 2.395Mt
last year. The South’s exports posted
a growth of 37.70 per cent in the first
five months of this fiscal year, which
increased to 3.296Mt from 2.394Mt
during Jul-Nov 2019.
Plant and Akhter Uz Zaman Flyover.
Shah cement was launched in 2002,
and it becomes the largest cement
producing plant in Bangladesh with a
current annual capacity of 10Mt. The
facility underwent significant expansion
in 2018 when 4Mt of new capacity was
added to meet the growing cement
demand.
The country’s construction sector has
registered more than double growth
over the last ten years.
According to the Bangladesh Cement
Manufacturers Association (BCMA),
the industry total cement production
capacity sector is 65Mt, out of which
35Mt are being used. The annual
growth rate of the cement industry was
10 to 12 per cent before the outbreak
of a pandemic. But the lockdown has
slowed down the growth rate at an
estimated 3 to 6 per cent.
TRADE CHRONICLE - Nov - Dec - 2020 - Page # 17