Rawhide traded at lower prices than govt’s fixed rate

    Rawhide trades at lower prices than the government fixed rate.

    The government earlier set the prices of raw cows applied to salt at 40-45 Tk per square foot in Dhaka and 33-37 Tk outside Dhaka to ensure fair prices and to avoid a repeat of last year, when many dropped the rawhide, without even recovering their cost.

    For all the latest news, follow the Daily News Google News channel.

    Traders and others involved in Eid-ul-Azha said prices were also very low this year.

    Many people gave up raw leather, while many did not care about the raw material for leather and leather goods, which brings in nearly a billion dollars from exports.

    Ala Uddin, a seasonal leather trader, said he bought rawhide at a high price after seeing in the newspapers that the leather price was good this year.

    But he had to sell goat hide at Tk 10 to Tk 15 per piece after buying them from Tk 30 to Tk 40.

    Aminul Islam, a seasonal trader in Natore Naldanga upazila, one of the largest raw leather markets, said he bought goat skin at 20 Tk per piece and cow at 200 Tk to 300 Tk per piece and had to sell goat skin at half price. prices he bought.

    Aminul, however, got higher prices for cows at 400 Tk to 500 Tk per piece. However, they are supposed to be sold at a price of at least 1,200 TK to 2,000 Tk at the fixed price of the government, he said.

    Shariful Islam Sharif, president of the Natore leather trade union, said they were buying leather at a price set by the government.

    However, the owners of the tannery can not buy the right skin, as they have not paid the delays.

    In Dhaka, raw leather prices were also low.

    Sabbir Ahmed, a hidden dollar trader in the Uttara area of ​​the city, said he bought rawhide in Tk 200 to Tk 300 depending on size and quality.

    Robiul Alam, general secretary of the Dhaka City Hide Merchants Association, said hideout prices are higher this year than last year.

    But this year, goat skins were damaged in many places, he added.

    Mr Aftab Uddin, president of the Hide and Skin Merchants Association, said he had bought raw price at constant government prices until Wednesday night in Dhaka’s Lalbagh district.

    But many dealers delayed rawhide As a result, the quality of the leather deteriorated and some had to take back the skins as they did not sell them, he said.

    Aftab also said the hides were damaged in Chattogram and Sylhet this year.

    During the last two seasons, many people have either thrown away or buried raw leather in many parts of the country due to low prices or nominal prices from seasonal traders.

    Newsvibe24 Source