Cement dispatches declined by 9 percent on a month-on-month (MoM) basis to 2.32 million tonnes in April, 2013 as suggested by extrapolated figures of up till 22nd April henceforth referred to as April-13 dispatches. Despite the decline, dispatches registered in April-13, were still above the monthly average of 2.04million tonnes in the first nine months of the fiscal year 2013 (9MFY13). “The monthly decline in local dispatches is attributable to seasonal variation as has been witnessed in the past,” said the analysts at InvestCap Research. The exports have contributed 24% to total dispatches, posting a decline of 7% MoM, leveling at 713,000 tonnes. Total dispatches during 10MFY13 reached 27.6 million tonnes, registering a modest growth of 3% year-on-year (YoY). Whereas, in the north region, the total dispatches stepped up by 6% YoY to 16.92 million tonnes. Dispatches in the south improved by 2%, YoY, to 3.77million tonnes.
