Pakistan, Aug. 4 -- The overall offtake of cement surged by 41pc year-on-year (YoY) to 4.97 million tonnes in July 2020, as domestic despatches jumped 36pc YoY to 4.06 million tonnes while exports increased by a remarkable 71pc to 0.91 million tonnes.
On a month-on-month basis (MoM), provisional cement offtake increased 7pc in July 2020, as against 4.62 million tonnes in June 2020.
"In particular, offtake from the southern region touched an all-time high in July, as total despatches went up 63pc YoY/10pc MoM to 1.31 million tonnes," said a report issued by AHL Ltd. "This was in lieu of a 6pc YoY / 19pc MoM uptick in local despatches (0.53 million tonnes) following the reopening of the economy after corona-related lockdown."
Meanwhile, ex...