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Rawhide traders in Khulna incur loss

Published : Thursday, 15 August, 2019 at 12:00 AM  Count : 70
Our Correspondent

KHULNA, Aug 14: The price of rawhide in Khulna and adjacent districts is low. So, the traders incurred losses like the previous years.
The traders say a downward trend in the demand of leather products in the international market put the tannery industry in tatter, which was caused, among others, by some domestic reasons.
General Secretary of Khulna Rawhide Traders Association Abdus Salam Dhali said that though the price of rawhide is cheaper this time, they want to take it as a chance to recoup the losses.
International leather market depends on the demand of the United State (US). It sees a downward trend in the countries where there is  less cold, but where there is a long spell of cold wave, the demand of leather-based products increases there, he said.
He also feared smuggling of rawhide due to its lower price and requested the law-enforcement agencies to take necessary security measures.
Rawhide hoarders claimed they bought per square feet rawhide at Tk 10 to 15. The tanners fixed the prices due to a hike in salt price during this Eid-ul-Azha.
"Seasonal buyers of rawhide created a syndicate and bought cattle hides at very low price, but they sold it to us at twice the price they bought from those who sacrificed animals," he added.
"They bought per rawhide at Tk 350 to 450 on an average, and we bought per cattle hide at Tk 600 to 800," Dhali said.
He also expressed his frustration over the price of salt as it soared from Tk 700 to 800 per sack.
"It caused extra expenditure on preservation of per cattle hide. We may run up losses if the tanners association remains determined on the fixed price," he also said.
The government fixed Tk 35 to 40 as the price of cowhide per square feet while the price of goat skin has been fixed between Tk 13 and 18.

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