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Pakistan Cement: Local cement dispatches likely to be up by 7% YoY in Jan-2025; 7MFY25 local sales decline to narrow to 8% YoY - By Topline Research

  • By: Topline Securities (Private) Limited

  • - Published: Wednesday, 29 January 2025
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan local cement dispatches are likely to be down by 5% MoM to clock in at 3.19mn tons in Jan-2025. However, dispatches are anticipated to increase by 7% YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Our analysis is based on the provisional numbers of 19 days, based on which local sales stands at 1.95mn tons, while as per our channel checks in 28 days of the month, local sales was ~2.9mn tons.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">MoM decrease in local cement dispatches is due to seasonal winter impact mainly in North with Snow, rain and cold weather impacting demand as per channel checks. MoM increase is likely in South due to l...

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