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Traders frustrated over low price of rawhide

  • Published at 01:46 am September 18th, 2016
Traders frustrated over low price of rawhide
Rawhide traders of Razarhat, country’s second largest rawhide market alleged that most of the traders have not been producing the skins at the market due to low price for couple of days. Rawhide traders from Jessore, Khulna, Barisal, Bagerhat, Satkhira, Narail, Magura, Kushtia, Chaudanga, Faridpur along with traders of Dhaka and Chittagong have been gathering on Saturday and Tuesday of the week at Razarhat rawhide market for many years to buy and sell rawhide. This year, duo to high cost of salt and the low rates rawhide, traders have lost their interest to attend at the market. Nikhil Chandra Dash, a rawhide trader of Noapara area in Jessore Sadar upazila said: “I have sold 14 skins out of 18 with very low price. Due to low price of rawhide and high price of salt this year I am running up losses.” On September 9, this year, Bangladesh Finished Leather, Leathergoods and Footwear Exporters’ Association, Bangladesh Tanners Association, and Bangladesh Hide and Skin Merchants Association, the three leading trade bodies in the sector fixed the price of raw cowhide at Tk50 per sft in Dhaka and Tk40 for the rest of the country. The price of goatskin was fixed at Tk20 per sft,  lowering the price by 10% from last year’s rate. Moshiar Rahman, a rawhide trader of Jhikargachha upazila of Jessore district said: “I have come at the market with 45 salt-treated skins of goat and sold them by Tk100, which is below my cost.” Duruing his visit to Razarhat rawhide market this correspondent found, rawhide traders were selling the untreated hide of a big-sized cow to a local trader for Tk 1300, Tk500 to Tk700 less than previous year. Abdus Sabur, from Satkhira told to the Dhaka Tribune that he has already thrown four-five skins of goat as buyers offered him very low price. President of Razarhat rawhide traders welfare society Abdul Malek urged to the tannery owners to buy rawhide with more higher price to save them.