Home / Knowledge / News / Textiles / Surging jute bag prices vexes hoarders
Surging jute bag prices vexes hoarders
Feb '08
Pakistan is still facing the crisis of high wheat prices which have accompanied a hike in the prices of jute bags as well.

Insufficient production of wheat, has compelled Trade Corporation of Pakistan (TCP), to import the grain, for meeting local requirements.

However, TCP will then have to pay more for the jute bags in order to preserve the wheat imported from other countries.

Manufacturers of jute bags have increased the prices to Rs58.90 for a bag of 100 kilogram, while the Punjab Food Department offers Rs57.02.

Although propylene could have been a viable alternative to avoid purchase of overrated jute bags, these would not be durable for long.

So far, jute manufacturers have provided the TCP with around 50,000 bag bales each of which contains 300 bags. However, manufacturers have refused to meet the demand of 78,770 jute bag bales of the region.

A total of only 8.5 lakh tons of wheat will be kept in jute bags provided by the manufacturers while the remaining 11 lakh tons will have to be packed in propylene bags.

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search