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Saturday, October 4, 2014, Ashwin 19, 1421, Zilhajj 8, 1435 Hijr

Tanners lower raw hide prices
Publish Date : 2014-10-04,  Publish Time : 00:00,  View Count : 7
Tanners on Friday announced the prices for purchasing different types of rawhides during Eid-ul-Azha in an effort to maintain discipline in the purchasing process and prevent excessive prices.
As per the decision, the tanners would buy per square feet of salted cowhide for Tk 70-75 in Dhaka and Tk 60-65 across the country outside Dhaka, salted goatskin for Tk 30-35 and salted buffalo skin for Tk 35-40.
The prices fixed for this year are relatively lower than that of previous year. In the last year, the tanners bought per square feet of salted cowhide for Tk 85-95 in Dhaka and Tk 75-80 outside Dhaka, goatskin for Tk 50-55 and buffalo skin for Tk 40-45.
Bangladesh Tanners Association (BTA), Bangladesh Hide and Skin Merchants Association (BHSMA) and Bangladesh Finished Leather, Leather-goods and Footwear Exporters' Association (BFLLFEA) jointly announced the prices of rawhides at a press conference at BFLLFEA's Dhanmondi office in the capital city.
BFLLFEA President Abu Taher said they have fixed the prices in line with the situation in the international market and domestic scenario. Talking to UNB, BTA chairman M Shaheen Ahmed said they request the seasonal rawhide collectors to follow the prices already fixed so that they can avert any risk of financial losses.
"Don't buy rawhides in excessive prices, it may bring financial losses for you," he conveyed to the seasonal buyers of rawhides.
On Wednesday, Commerce Minister Tofail Ahmed asked the tanners to fix prices of rawhides by Friday.
He also said rawhides transportation in border areas will remain banned for 30 days after Eid-ul-Azha to stop its smuggling to neighbouring countries and necessary orders in this regard have already been issued to Border Guard Bangladesh (BGB) and police.
The government is likely to inform people about the fixed price of rawhide through cellphone messages.
According to Commerce Ministry, about 70 lakh rawhides are collected during Eid-ul-Azha, a number collected during the rest of the year.
During the year 2013-14, Bangladesh earned $1295.74 million by exporting leather and leather goods.
Of the total earning, some $505.54 million came from leather export, $240.09 million from leather goods and another $550.11 million from leather shoe export.    ?UNB

Editor : Iqbal Sobhan Chowdhury
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