Rawhide prices fixed at Tk 40-45 per sqft

Staff Correspondent

16 July, 2021 12:00 AM printer

The government has fixed rawhide prices ahead of Eid-ul-Azha with a hike by Tk 5 per square foot than that of last year taking in consideration the local and international prices.

This year, the price of salted cow rawhide has been fixed at Tk 40-45 per square foot in Dhaka while it be will be Tk 33-37 per square foot outside Dhaka.

Commerce Minister Tipu Munshi announced the prices on Thursday, calling upon the businessman to ensure the prices.

Besides, the price of goat hide has been set at Tk 15-17 per square foot while it is Tk 12-14 per square foot of female goat hide across the country.

Earlier, the commerce secretary proposed fixing the price at Tk 50-55 per square foot of salted rawhide of cattle, Tk 40-45 per square foot outside Dhaka, Tk 20-22 per square foot for goat hide and Tk15-17 per square foot for female goat hife.

However, opposing the decision, the businessmen proposed hiking the prices by Tk 5 per square foot than last year’s ones and the minister agreed with them.

Last year, the price of salted rawhide of cattle was Tk 35-40 per square foot in Dhaka while Tk 28-32 per square foot outside Dhaka.

Besides, the price of goat hide was set at Tk 13-15 per square foot while it was Tk 10-12 per square foot of female goat hide across the country.

“Getting fair price of sacrificial cattle is a right of people. Organisations like orphanage, madrasa, Anjuman Mofidul Islam collect rawhide. I’m calling upon all to ensure fair prices of rawhide for the poor,” Tipu Munshi said.

 Bangladesh Bank has approved Tk 6 billion for giving loans to rawhide traders and allowed them to reschedule their default loans after paying 3 percent interest rate, he informed.

The commerce minister also claimed that salt price is stable in the country now and there is no supply crunch.

“The field level administration has been given instruction to give all types of support. It is expected that there will b no problem in buying and preserving rawhide this year,” he said.

 Tipu Munshi hoped that the leather export will see a further boost. He said the government has allowed the export of 1.20 crore wet-blue leather and, if necessary, will allow more.

Saying that the tannery estate in Savar has started functioning in full swing, he called for proper collection and preservation of leather to ensure its quality.

Commerce Secretary Tapan Kanti Ghosh, Industries Secretary Zakia Sultana, Religious Affairs Secretary Dr Nurul Islam, Information Secretary Md Mokbul Hossain, Bangladesh Bank Deputy Governor AFM Naser, Bangladesh Tanners Association President Shahin Ahmed and other leather sector leaders joined the meeting of the Commerce Ministry.


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