Home / Knowledge / News / Textiles / Farmers receive quality based price for jute fibre
Farmers receive quality based price for jute fibre
Aug '10
On the basis of their quality, farmers are now able to earn a fair price of jute in the range of Tk 1,400-1,800 per maund, in the country's northern region.

However, although farmers are earning a fair price, hundreds of middlemen might generate almost two-fold the profits as they are found hoarding huge stocks, which they can trade after a few months, informed, farmers and industry experts.

In the mean time, distribution of Tk 76 million amongst 3,80,000 farmers of all eight districts, under the Rangpur division is nearing completion. This fund was distributed for easing jute rotting process and upgrading fibre quality by making use of the ribbon retting method.

Around 15 jute mills under Bangladesh Jute Mills Corporation (BJMC) have been buying jute at rates ranging between Tk 1,400-1,640, on basis of the quality of fibre. Key private sector jute mill have been buying the finest quality jute at a rate close to Tk 1,800 per maund.

But in other upazilas, wherein there exist no purchasing centres of the BJMC or private sector key jute mills, farmers are trading jute fibre in the range of Tk 1,000-1,300. taking advantage of this, the middlemen are buying bulk quantities of the jute fibre at reduced prices, similar to their practice in the previous years, and are stocking them in their own godowns.

Fibre2Fashion News Desk - India

Must ReadView All

Apparel/Garments | On 18th Feb 2017

Bangladesh apparel sector has 95% local investors: BGMEA

Over 95 per cent of the total investors in the Bangladesh apparel...

Textiles | On 18th Feb 2017

Smriti Irani resolves cutting of carpets issue at ports

During a meeting held with stake holders of the carpet weaving...

Apparel/Garments | On 18th Feb 2017

Andhra Pradesh inks MoUs to set up 12 apparel units

At the recent CII Partnership Summit held in Hyderabad, memorandum of ...

Interviews View All

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search