Leather-based market: Merchants achieve, poor undergo – 2024-06-18 14:03:40

by times news cr

2024-06-18 14:03:40

The pores and skin or sale cash of the sacrificed animal is given to poor folks, orphanages, madrasas. However within the leather-based market this time the value has additionally fallen. A cow cover of lakh taka is meant to be bought for 1 thousand 200 to 1 thousand 500 taka. It’s being bought there for 600 rupees.

Economists say that the low value of leather-based has precipitated loads of injury. Tannery house owners say seasonal merchants and merchants have syndicated and acquired leather-based at low costs. By this they would be the beneficiaries.

Artadars and seasonal merchants complained that the tannery house owners didn’t pay the value of final 12 months’s hides. As well as, final 12 months, a number of lakhs of rupees had been misplaced because of the buy of leather-based at excessive costs. So this time we purchased leather-based at a cheaper price.

On Monday and Tuesday, it was seen that the value of every small pores and skin is 400 to 450 taka, every medium and huge pores and skin is 500 to 600 taka.

Kabirul Islam, a businessman in Kaptan Bazar within the capital, stated that he doesn’t need to purchase salted leather-based on the mounted value. Some took the skins again to their very own areas. Others have added salt. They gave uncooked hides to orphanages as they didn’t get the anticipated value for the hides. Merchants collected uncooked hides from orphanages.

An official of the Ministry of Commerce stated that the federal government has determined to permit the export of uncooked leather-based to make sure the value of leather-based.

Professor Mostafizur Rahman, Honorary Fellow of the Heart for Coverage Dialogue, stated that the business will undergo so much if the actual worth of leather-based will not be discovered. The federal government must be more practical in implementing the leather-based market.

He stated, if the leather-based market is managed by the middlemen, then what are the involved folks doing on this regard? The circle behind this must be recognized and introduced underneath the regulation. It’s clear from the state of affairs that the market monitoring was not accomplished correctly.

Ambar Ali, a businessman of Rayerbagh, stated that this time he purchased a cow for Tk 2 lakh. He gave cash for the cowhide to the housekeeper. However seasonal merchants say the value of leather-based is 700 rupees. They aren’t shopping for goat pores and skin.

The federal government mounted the value of cowhide at 1,200 taka per piece in Dhaka and 1,000 taka exterior Dhaka. The cow which is bought for 1 to 1.5 lakh taka, the pores and skin space of ​​these cows is 24 to 30 sq. toes. Even when the value is 50 taka, the value of every leather-based must be 1 thousand 250 taka to 1 thousand 500 taka.

In Bangshal talked with seasonal businessman Anwar Hossain. He stated, since I’ll purchase the leather-based and promote it to the tannery house owners, then the tannery house owners will add salt to the leather-based. There’s additionally a price. Purchase on the value they quoted us a value. In the previous couple of years there was a lack of Tk 10 lakhs. So this 12 months I’m shopping for leather-based between 600 and 1000 rupees. And since the demand for goat pores and skin is low, we don’t purchase pores and skin.

Mohammad Saiful Islam sacrificed a cow value Tk 1 lakh 30 thousand in Kamrangirchar. He stated that if the pores and skin could possibly be bought on the value mounted by the federal government, then the value of sacrificial cow pores and skin would have been lower than Tk 1,100 to Tk 1,300. However the value is just 400 to 450 taka. So as an alternative of promoting it, I gave it to the native orphanage.

Mokhles Uddin, a shopkeeper at Posta in Lalbagh, stated, “All day, no authorities particular person got here and requested why we’re shopping for leather-based at a low value.”

Aftar Uddin, president of Bangladesh Disguise and Pores and skin Retailers Affiliation, stated that it was not doable to purchase leather-based on the value set by the federal government because of the improve within the wages of salt and seasonal staff. The skins exterior Dhaka will arrive within the capital by evening (Monday) and Tuesday. So the value of uncooked cover might improve.

Bangladesh Disguise and Pores and skin Service provider Affiliation (BHSMA) Secretary Common Tipu Sultan stated, in comparison with final 12 months, the value of leather-based is just a little higher this 12 months. The federal government has mounted the value of leather-based together with salt. Seasonal merchants and connoisseurs won’t match the costs of uncooked hides. 200 to 250 rupees value of salt must be combined with one piece of uncooked leather-based.

It must be famous that on the event of the holy Eid-ul-Azha on June 3, the federal government determined the value of the pores and skin of the sacrificial animal. The value of leather-based per sq. foot has been elevated by 5 rupees in comparison with final time. Salted cowhide is Rs 60 per sq. foot in Dhaka and Rs 50 to Rs 55 exterior Dhaka.

President of Bangladesh Completed Leather-based, Leathergoods and Footwear Exporters Affiliation. Nashir Uddin Majumdar stated, on the event of Eid-ul-Azha, the value of sacrificial animal pores and skin has been elevated by Tk 5 to Tk 10 per sq. foot in Dhaka and Tk 5 to Tk 7 per sq. foot exterior Dhaka in comparison with final time. Additionally, the minimal value per piece of leather-based has been mounted. On this case, the value of every piece of cowhide in Dhaka has been mounted at Tk 1,200 and Tk 1,000 exterior Dhaka. This 12 months, the value of salted cowhide has been mounted at Tk 60 per sq. foot in Dhaka, which was Tk 50 to Tk 55 final 12 months. This time, the value of salted cowhide exterior Dhaka has been mounted at Tk 55 to Tk 55 per sq. foot, which was Tk 45 to Tk 48 final 12 months.

He additionally stated that the value of Khasi uncooked leather-based is 2 to five rupees larger than final time and the value of goat pores and skin is 6 rupees larger. This Eid, the acquisition value of Khasi leather-based has been mounted at Tk 20 to Tk 25 per sq. foot and goat pores and skin at Tk 18 to Tk 20.

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