Home / Knowledge / News / Textiles / Rising prices & shortage of raw jute causes concern
Rising prices & shortage of raw jute causes concern
Sep '10
A reported decline in jute production in Bangladesh has hit the industry in Nepal, since Nepal sources a major requirement of jute from Bangladesh.

There are around 80 industries in Nepal which depend on Bangladesh and India for raw jute supply. Also, nine factories located in eastern part of the country each year needs 80,000 metric tons of jute.

The country domestically produces just around 22,000 metric tons of jute which is barely enough to meet the four months' requirements of jute producers in the country.

Moreover, in the previous year, whereas, raw jute was traded at Rs. 30,000 per ton, this year the prices have surged to Rs. 50,000 per ton.

A surge in the prices of raw jute and a decline in imports of the same have aroused a crisis like situation for jute producers in Nepal, and this is because prices of finished jute items have not gone up in tandem with prices of raw jute.

Indian is the largest importer of readymade jute products from Nepal, but there has been no increase in the prices of these finished products in India, while the production cost of manufacturers in Nepal is continuously rising.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Bani Batra

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

Wendell Rodricks
Wendell Rodricks

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search