In Pakistan, the cost of cement is rising

According to PBS documents, the national price of a 50 kg bag of cement has risen to Rs 1,500.

The information shows that the two cities with the highest cement prices are Lahore and Peshawar. The cost of a 50 kilogramme bag in Larkana went up by Rs 207 in just one week. Comparably, the price per 50 kg bag increased in Peshawar by Rs177, Bannu by Rs163, and Quetta by Rs 160.

The rise in price was Rs 155 in Multan and Rs 160 in Sargodha. There was an increase of Rs151 per bag in Islamabad and Rs150 per bag in Karachi and Lahore.

Other noteworthy rises are Rs 130 for Sialkot, Rs 140 for Faisalabad, and Rs 147 for Gujranwala. Price increases of Rs 107 in Rawalpindi and Rs 120 in Hyderabad were seen. Within the week, Khuzdar experienced a comparatively lesser increase of Rs 23 per 50 kg bag.

Following the federal budget’s rise in the cement excise duty from Rs. 3 to Rs. 4 per kilogramme, prices have surged.

Pakistan’s cement industry saw a significant spike in exports in May 2024 of 72.16 percent.

The cement export was recorded at 917,962 metric tonnes, a remarkable rise of 72.16 percent compared to the export of 533,215 metric tonnes the previous year, according to data from the All Pakistan Cement Manufacturers Association.