Pakistan Market: Directors of BWCL expect cement demand to remain depressed – By IIS Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In the financial reports released recently, the directors of Bestway Cement Limited (BWCL) see cement demand to remain depressed due to overall slow down in economy and cut in development spending by government. They also see upcoming expansions as an addition to supply pressure which will lead to intense competition among players to secure their respective market share.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Directors of Sind Abadgars' Sugar Mills Limited (SASML) remained worried on sugarcane procurement prices above the support price fixed by government i.e 182/40kgs due to insufficient availability of sugarcane amid water shortages. On the prices front, sugar prices in domestic market have improved ...