Related Keywords: BJMC, DoJ, dwindling export, Escalaion, Pressure, public and private mill, raw jute price, slow-moving exports, trading, windfall
Escalation in raw jute prices were seen in the last two months in spite of slow-moving exports, supposing that production level would drop much below last year’s level. This has put pressure on public and private mills, already under pressure for dwindling export receipts.
At present, raw jute is trading at Tk 1,600-1,800 a maund (40 kilogram) in producing regions, which is 13 percent higher than last year.
