Pakistan’s cement sector, which has been grappling with consecutive price hikes amidst moderate demand, is finally witnessing a downward trend. This price reduction is a welcome development for the construction industry.
According to the Pakistan Bureau of Statistics, there has been a marginal decrease in prices, which is expected to positively impact the construction sector. This dip in cement prices in Pakistan is also anticipated to bring relief to those planning to commence construction projects shortly.
Over the past week, the average retail price per bag of cement in the northern cities was noted at Rs.1225, while in the southern cities, it stood at Rs1200.
Here’s a city-wise breakdown of the retail cement price in Pakistan:
| City | Cement Retail Price |
|---|---|
| Islamabad | Rs1210 |
| Rawalpindi | Rs1199 |
| Gujranwala | Rs1250 |
| Sialkot | Rs1240 |
| Lahore | Rs1280 |
| Faisalabad | Rs1240 |
| Sargodha | Rs1217 |
| Multan | Rs1216 |
| Bahawalpur | Rs1250 |
| Peshawar | Rs1200 |
| Bannu | Rs1170 |
| Karachi | Rs1168 |
| Hyderabad | Rs1180 |
| Sukkur | Rs1300 |
| Larkana | Rs1173 |
| Quetta | Rs1200 |
| Khuzdar | Rs1177 |
This news brings a sigh of relief to the construction industry and those looking to start new projects, marking a positive shift in the cement sector.
