Related Keywords: adequate supply of fibre in domestic market, ban is withdrawn, Bangladesh government, considering lifting ban on raw jute export, local supply will not be affected, Mandatory Jute Packaging Law, meet local demand, millers need a large volume of raw materials, raw jute prices will go up, restriction will go from first week of April
Bangladesh government is actively considering lifting its ban on raw jute export due to adequate supply of the fibre in domestic market. Hopefully, the restriction will go from the first week of April, said Joint secretary of the Ministry of Textiles and Jute (MoTJ) Nasima Begum.
However, private jute millers expressed their concern over the fresh move of the government to withdraw the export ban as they will face difficulties to meet the local demand. They said that the raw jute prices will go up if ban is withdrawn.
