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Merchants to keep rawhide sales suspended till Sunday

  • Published at 05:52 pm August 17th, 2019
Barisal rawhide
Seasonal rawhide collectors incurred monetary loss due to syndicated trading by the big rawhide traders in Barisal on August 22 and 23, 2018Anisur Rahman Swapan/Dhaka Tribune

'We will abide by all the government's decisions'

Bangladesh Hides and Skin Merchant Association has announced to keep the rawhide sales suspended until its meeting with the Commerce Ministry scheduled to be held at 3pm on Sunday. 

Delwar Hossain, president of the association, made the announcement at a press briefing after a meeting at its Lalbagh office on Saturday. 

"We apologize for this situation as such this [fall in prices] never happened in Bangladesh," he said. 

About the government's decision to lift ban on rawhide export, he said, there was yet to get any directive from the ministry. 

Delwar said: "We will abide by all the government's decisions." 

He, however, said they were not prepared for rawhide export as they had no license to this end. 

He further said the current situation was  created because of the non-payment of arrears by tannery owners. 

"We could not spray salt on rawhide because of the cash crunch. As a result, rawhide rotted away. If tannery owners would have paid the arrears, the situation would had improved," he concluded.