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What is Cement about?
In May 2024, cement dispatches are projected to rise by 1.4% year-over-year to 4.0 million tons, with exports reaching a 44-month high of 0.94 million tons, a 76.2% increase from the previous year. Domestic dispatches are expected to decline by 10.2% due to weakened demand influenced by high inflation and policy rates. The overall dispatches for the first 11 months of FY24 are anticipated to increase by 2.4% year-over-year, primarily driven by a significant rise in exports.
- Author
- farheenjawaid92
- Language
- EN