There are deep-seated reasons for the bureaucracy’s shoddy performance. The rate of a 50kg bag of cement was raised at the level of Rs. Coal prices increased to around $92 per tonne (FOB) in January compared to $60 per tonne in the end of October 2020. The price hike came precisely when the government announced its much anticipated incentive package for the construction sector which was expected to lead to a boost in demand for cement, steel bars and other construction materials. Ltd. (www.compunode.com).Designed for Dawn. Overall domestic cement sales rose by 17 per cent to 27.65 million tonnes in 7MFY21, while exports also grew by 10.23pc to 5.71m tonnes from 5.186m tonnes in the same period last year. The negative impact on the economy notwithstanding, there are questions about how effective a demonetisation actually is. Sources said that the Ministry of Industries has written a letter to the cement makers seeking reason for raising prices besides demanding numbers of cement wholesalers and retail office bearers from the manufacturers so that it can independently check and verify price data. According to the data released by All Pakistan Cement Manufacturers Association (APCMA), during the first seven months of this fiscal year, North based mills dispatched 23.54m tonnes for domestic consumption that was 17.18pc higher compared to 20.09m tonnes. APCMA spokesman said the cement sector is facing major cost increase due to rising coal prices, while diesel and petrol prices had been raised for the fifth time in the past three months. 15 New Articles today . Khan Cement Ltd (DGKL) regarding Rs15 per 50 kg bag hike from Feb 1 owing to constant increase in coal prices in the international market from the last few months and increase in transportation cost of cement and coal due to rising fuel prices. The run-up to the Senate election is never without its fair share of stories, gossip and controversies. IT is reassuring to see the Covid-19 vaccine recipient pool expanding further. IT is difficult to disagree with Planning Minister Asad Umar’s criticism of the Sindh government’s neglect of... PAKISTAN’S sketchy 2-1 victory in the T20 series against South Africa has not given the home side too much to... Cement makers raise prices as sales jump 17pc in 7MFY21, PM cheers expatriates as Roshan Digital Account inflows hit $500m, Bitcoin surges past $50,000 for first time, Pizza Hut and foodpanda enter strategic arrangement, expand delivery network, کھانے کے بعد پیٹ پھولنے اور گیس کے مسئلے کا سامنا ہوتا ہے؟, کورونا وائرس: سال بھر پاکستانی گوگل پر کیا کچھ تلاش کرتے رہے؟, Vote cannot be secret forever, Justice Ahsan tells ECP during hearing on Senate polls reference, Maryam urges govt, agencies to allay grievances of missing persons' families, Britain says UAE should show that Dubai's Sheikha Latifa is alive, Satellite images show China emptying military camps at Ladakh border flashpoint with India, PPP's Yousuf Murtaza Baloch sweeps Karachi PS-88 by-election, PM kicks off plantation drive in Islamabad, vows to make Pakistan green, Rihanna called out after posting topless photo wearing pendant of Hindu deity, Tan France collabs with Pakistani shoe brand Atoms for a signature pair of sneakers. Pakistan: Cement dispatches in the first half of the 2021 financial year were 29Mt, up by 16% year-on-year from 25Mt in the first half of the 2020 financial year. During the first six months of the current fiscal year, total cement dispatches grew by 15.7 per cent, from 24.751Mt in July-December 2019, to 28.628Mt in July-December 2020.
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