Call to foil conspiracy to stop 'tosha' export
Friday, 6 November 2009
Our Correspondent
KHULNA, Nov 5: The jute growers and exporters have urged the government to foil the 'conspiracy' to stop the export of BTR (Bangla 'Tosha' Rejection) raw jute due to rise in price of the same in local markets, sources said.
Sources further said the country will be deprived of about Tk 20 billion (Tk 2000 crore) export income, if the BTR raw jute export is stopped.
At the same time, the price of the raw jute will fall drastically in local markets.
As a result, both the growers and the exporters will have to count losses and roughly 0.1 million workers, directly or indirectly involved in the country's jute sector, will lose jobs.
According to jute growers and exporters, three kinds of jute, namely 'white', 'tosha' and 'mesta' are grown in the country.
Of them, high quality of jute is produced in the country's northern and Faridpur districts. This jute is used in the local jute mills as raw materials.
On the other hand, jute produced in Khulna, Jessore and Kushtia districts is of low quality. This jute is called BTR (Bangla 'tosha' Rejection) and it is used mainly in making sack in foreign countries. This variety of raw jute is exported to the overseas countries.
Source further said about 6.0 million bales of jute are produced in the country each year. Unfortunately, jute production fell abnormally in the fiscal 2008-09 and only 4.5 million bales of jute were produced in the fiscal.
As a result, the price of raw jute increased and it was selling at urged between Tk 1500 and Tk 1600 per maund, instead of Tk 1000-Tk 1100 in the previous year.
In the situation, Bangladesh Jute Mills Association (BJMA) has asked the government to stop the export of raw jute to overseas countries.
Source said the state-run 21 jute mills under BJMC and over 50 private jute mills under BJMA use fine quality of jute and the rest are exported to India, Pakistan and China.
KHULNA, Nov 5: The jute growers and exporters have urged the government to foil the 'conspiracy' to stop the export of BTR (Bangla 'Tosha' Rejection) raw jute due to rise in price of the same in local markets, sources said.
Sources further said the country will be deprived of about Tk 20 billion (Tk 2000 crore) export income, if the BTR raw jute export is stopped.
At the same time, the price of the raw jute will fall drastically in local markets.
As a result, both the growers and the exporters will have to count losses and roughly 0.1 million workers, directly or indirectly involved in the country's jute sector, will lose jobs.
According to jute growers and exporters, three kinds of jute, namely 'white', 'tosha' and 'mesta' are grown in the country.
Of them, high quality of jute is produced in the country's northern and Faridpur districts. This jute is used in the local jute mills as raw materials.
On the other hand, jute produced in Khulna, Jessore and Kushtia districts is of low quality. This jute is called BTR (Bangla 'tosha' Rejection) and it is used mainly in making sack in foreign countries. This variety of raw jute is exported to the overseas countries.
Source further said about 6.0 million bales of jute are produced in the country each year. Unfortunately, jute production fell abnormally in the fiscal 2008-09 and only 4.5 million bales of jute were produced in the fiscal.
As a result, the price of raw jute increased and it was selling at urged between Tk 1500 and Tk 1600 per maund, instead of Tk 1000-Tk 1100 in the previous year.
In the situation, Bangladesh Jute Mills Association (BJMA) has asked the government to stop the export of raw jute to overseas countries.
Source said the state-run 21 jute mills under BJMC and over 50 private jute mills under BJMA use fine quality of jute and the rest are exported to India, Pakistan and China.