Related Keywords: IJMA, Indian traders prefer jute import, jute bag, jute yarn, lower than in India, Nepal and Bangladesh, Nepal used a conduit, Prices of jute likely to stabilize in Indian domestic market, Production cost in Bangladesh thirty percent cheaper, production costs of jute, raw jute, third party illegal imports, with Bangladesh lifting jute export ban
With Bangladesh lifting jute export ban its prices in domestic market likely stabilize as per Indian traders prefer jute import from Nepal and Bangladesh as production costs of jute in two countries lower than in India. Production costs in Bangladesh are cheaper than those in India by 30 per cent. While, Nepal is used as a conduit for third party illegal imports.
