Cement News tagged under: All Pakistan Cement Manufacturers Association
Pakistan: rising coal prices trouble cement sector27 June 2016, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) has called on the government to remove import duties on coal following a 16 per cent rise in price, The Nation reports. The cement industry is Pakistan’s main consumer of imported coal, accounting for 95 per cent of the total. A spokesperson for the APCMA said: “Our all efforts to reduce production costs faded away when the government imposed import duty on the cement industry’s main source of fuel, reducing our competitive advanta... |
Pakistan: cement dispatches rise 10.6% YoY in year to May 201608 June 2016, Published under Cement NewsCement dispatches in Pakistan totalled 35.5Mt in the period July 2015 to May 2016, up 10.55 per cent on the corresponding period of last fiscal year, the All Pakistan Cement Manufacturers Association (APCMA) has announced. The APCMA reports that the growth in consumption is solely due to higher domestic demand. Overall domestic dispatches from plants in northern Pakistan increased by 16.6 per cent to 24.7Mt. Dispatches from southern plants rose more quickly – by 23.7 per cent – but volume... |
Pakistan cement exports 5Mt in FY15-1602 June 2016, Published under Cement NewsDuring first 10 months of the current FY15-16, the Pakistan cement industry exported 5.05Mt of cement and earned export revenue of US$274.34m compared to 6.64Mt at US$382.39m in July 2014-April 2015. This translates a fall of 23.86 per cent and 28.25 per cent in terms of quantity and value in dollar respectively on YoY basis, says data released by the Pakistan Bureau of Statistics (PBS). The average price of cement also fell to US$54.24t from US$57.56t during this period. In April 2... |
Pakistan: construction sector demands reduction in cement prices26 May 2016, Published under Cement NewsThe Association of Builders and Developers of Pakistan (ABAD) has called on the government to reduce the price of cement in country or to allow the importation of supplies from alternative sources. In their appeal, ABAD accused the All Pakistan Cement Manufacturers Association (APCMA) of not passing on energy cost reductions, despite promises to that effect made to the government. Coal and oil prices have fallen by more than 50 per cent, while the gas infrastructure development cess (GIDC... |
Pakistan: Cement exports rise to 0.53Mt in March03 May 2016, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA) has welcomed the news that cement exports rose to 0.53Mt in March 2016, up 20.6 per cent YoY. Exports have risen for two months in a row, bringing to an end a long run of disappointing figures, including a YoY fall of 34 per cent in September 2015. Despite the present turnaround, exports for the year to March are down 19 per cent on the preceding 12 months. The Nation reports APCMA Chairman, Muhammad Ali Tabba, as stating that t... |
Pakistan: Exports fall 24% in first nine months of 2015/1626 April 2016, Published under Cement NewsPakistan’s cement exports fell during 9MFY2016 on a YoY basis dropping by 24.4 per cent in volume terms and 28.9 per cent in US dollar values. Figures released by the Pakistan Bureau of Statistics (PBS) show that the country exported 4.6Mt of cement, earning revenue of US$248m during July-Mar 2016. This was down from the 6.0Mt exported in the corresponding period a year earlier. Average prices also fell, dropping 6.1 per cent to US$54.48/t. The All Pakistan Cement Manufacturers' Associ... |
Cement price dispute rages in Pakistan14 April 2016, Published under Cement NewsThe Pakistan cement industry and the Association of Builders and Developers of Pakistan (ABAD) are loggerheads with each other on the price of cement price. Both players are advocating their point of views and are appealing to the government to safeguard their industries, and the current and future investment in their respective sectors. While defending, Chairman of All Pakistan Cement Manufacturers Association (APCMA), Mohammad Ali Tabba, said in a statement that the cost of doing bu... |
Pakistan: APCMA calls for federal exise duty reduction17 March 2016, Published under Cement NewsThe All Pakistan Cement Manufacturers Association (APCMA), in its budget proposal, has recommended a reduction in federal excise duty (FED) to be stepped to zero to alleviate the cost pressure on locally-manufactured cement, which is facing competition from Iranian imports. The Daily Times reports that in the budget proposal sent to Federal Board of Revenue (FBR), APCMA Chairman Muhammad Ali Tabba stated that the cement industry is subject to FED at the rate of five per cent of retail price... |
Changes needed to Pakistan cement tariffs and tax11 August 2014, Published under Cement NewsWith domestic cement dispatches dipping in July to 1.73Mt compared with 1.85Mt during same month last year, Pakistan producers witnessed a decline of 6.52 per cent. Furthermore, exports last month were 503,000t against 749,000t during July 2013, a reduction of 32.89 per cent. Total dispatches during July were only 2.23Mt compared to 2.6Mt during same month last year, a decline 14.12 per cent. Now the Pakistan Cement Manufacturers Association (APCMA) is requesting the government to consider c... |
Pakistan September export volumes ahead28 October 2013, Published under Cement NewsPakistan achieved double-digit rises in both export volumes and revenue in September compared to the month before, data from the Bureau of Statistics shows. Exports during September 2013 totalled 919,150t on revenues of US$52.41m compared to 765,917t at US$45.30 in August. This translates into a 20.1 per cent rise in terms of volumes and 15.71 per cent increment in foreign exchange revenue. On a YoY basis, volumes rose by 9.87 per cent compared to 836,585t in September 2012, but the va... |