Rawhide price fixed at six years low

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Staff Reporter :
Tanners on Friday fixed the prices of rawhide of sacrificial animals in line with the government’s directives.
The price of salted cowhide has been fixed at Tk 50 per square foot for the capital and at Tk 40 for rest of the country, while the salted goatskins at Tk 15-20
per square foot. The price of rawhides so fixed this time is the lowest in six years.
Delwar Hossain, President of Bangladesh Hide and Skin Merchants Association, announced the prices in a press briefing in a city hotel yesterday morning.
 “We followed the international rates in fixing the prices of rawhides. The rate in the international markets did not significantly change in last one year,” he said
Delwar Hossain hopes that some 50-60 lakh cowhides will be collected this year.
 “The price fixation will help maintaining discipline both in the purchasing and processing during Eid-ul-Azha,” he affirmed.
Shaheen Ahmed, President of Bangladesh Tanners Association (BTA), and Mohiuddin Ahmed Mahin, President of Bangladesh Leather, Leathergoods and Footwear Manufacturer & Exporters’ Association (BLFMEA) were also present at the press conference.
Earlier, the government ordered the tanners to fix the price of rawhides of cattle to be slaughtered during Eid-Ul-Azha amid demands from hide traders and stakeholders.
Last year, the tanners fixed the price of salted cowhide at Tk 50-55 per square foot for the capital and at Tk 40-45 for the rest of the country, while the price of goat hide ranged between Tk 15 and Tk 22 per square foot.
In 2015-16, Bangladesh exported leather and leather goods worth $1.16 billion, which was $1.13 billion in the previous fiscal, and $1.29 billion in 2013-14, according to Export Promotion Bureau.
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