Related Keywords: ban on jute export, Indian jute industry, Indian jute mills association, jute industry of Bangladesh, jute mills in India, raw jute sellers of Bangladesh
A delegation of jute mill owners urged the Bangladesh government to lift the ban on the export of the raw fibre in the wake of supply constraints in Indian mills.
Indian Jute Mills Association said that prior to the ban, a large number of contracts had been signed between Bangladesh raw jute sellers and Indian jute mills owners and traders.
Commitments about 50,000 tonnes of raw jute are involved in these settled contracts. The imposition of ban will result in non-fulfilment of this contract.
