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

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Larry L Kinn
Suominen Corporation

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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


news category

Related Categories:
June 2017

June 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search