External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Pakistan Materials / Thematic (Sector/Industry)

<ul><li>Pakistan local cement dispatches are likely to be down by 17% YoY to clock in at 3.20mn tons in May-2026.</li><li>The YoY decline in sales is primarily driven by a lower number of working days due to the Eid holidays.</li><li>Average daily domestic sales in the North remained around 100k tons during the working days of the first week of May.</li></ul>

Pakistan local cement dispatches are likely to be down by 17% YoY to clock in at 3.20mn tons in May-2026.The YoY decline in sales is primarily driven by a lower number of working days due to the Eid holidays.Average daily domestic sales in the North remained around 100k tons during the working days of the first week of May.

파키스탄 시멘트 - 2026년 5월 국내 시멘트 출하량 전년 동기 대비 17% 감소 예상; 이드 연휴가 2026년 5월 국내 출하량 감소에 영향을 미쳤을 가능성 높음