Industrial output rises both in private, public sectors

FE Team | Published: September 26, 2007 00:00:00 | Updated: February 01, 2018 00:00:00

Jasim Uddin Haroon
The industrial production of major goods both in the state-owned enterprises (SoEs) and private sector rose considerably in June over May this year despite crackdown on warehouses and factories early this year to deter hoarding and trading in spurious goods.
But, the production of cigarettes, carpet backing cloth and safety matches declined in June compared to May this year.
This was revealed in a report prepared by the Bangladesh Bureau of Statistics (BBS), which collected the data both from private and public owned mills and factories.
Garment production rose by 28.67 per cent this June. The output in June was worth Tk 32,745 million while it was equivalent to Tk 25,448 million in May, according to the national statistical organisation.
Tea production rose by 27.08 per cent in June mainly due to the favourable weather conditions recording 6260 tonnes in June against 4926 tonnes in May.
The hessian products rose by 17.03 per cent June in comparison with May this year. It was 5085 tonnes in June while it was 4345 tonnes in May.
The production of fertiliser witnessed robust growth at 10.86 per cent during the period under review. The agricultural input produced by different private and public sector was 0.17 million tonnes in June while it was 0.16 million tonnes in May this year.
According to the BBS report, the production of jute textiles rose by 6.21 per cent in June compared to May this year. The production of jute textiles was 23,424 tonnes in June while it was 22,055 tonnes in May.
The production of cloth remained same in May and June with an output of 0.37 million metres.
The paper production increased by 6.27 per cent in June this year.
Paper produced both at private and public plants were 1762 tonnes this June against 1658 tonnes in May this year.
The building material mild steel rod (MS rod) rose by 1.12 per cent despite high prices of scraps in the international markets and slow growth in the country's ship cutting industries in Chittagong over the pat few months.
It was 20,554 tonnes in June against 20,327 tonnes in May this year.
The output of another building material of cement rose by 2.01 per cent although the largest cement plant Lafarge Surma Cement remained closed in June.
Around 22 cement factories out of 60 remained closed due to the high prices of cement clinkers in the international markets over the past few months.
Production of petroleum products rose by 4.06 per cent in June. It was 135,430 tonnes in June against 130,140 tonnes in May, the report said.
The production of drug and pharmaceutical remained almost same in June over May.
It was equivalent to Tk 249 billion in June while it was Tk 248 billion in May.
The production of edible oil rose considerably in June over May. It increased by 0.38 per cent in June over the production of May.
The production of soap and detergent increased meagerly. It rose by 0.14 per cent in June over the output of May this year.
The output of cigarettes dropped by 0. 24 per cent in June this year producing 2040 million pieces against 2045 million in May.
The output of safety matches also dropped by 0.46 per cent as both matches and cigarettes are complementary to each other.
The carpet backing cloth dropped by 9.07 per cent in June over May. It was 1805 tonnes in June against 1985 tones in May this year.