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Bangabandhu: Who but him could have made it happen? An Indian in Dhanmondi 32 What was behind the brutal killing? PM pays homage to Bangabandhu Modi sets goal of turning India into a developed nation in next 25 years Cast of 'Better Call Saul' planning to watch series finale together: Bob Odenkirk Rail communication with northern districts restored after 12 hours Tuchel blasts referee and VAR after Spurs draw ‘Misha has no significant contributions to Bangladeshi films’: Ananta Cricket Australia target sport's inclusion at 2032 Olympics Bangabandhu’s assassination: The enemy within Rural road project set to miss deadline Aug 15: The darkest chapter of history Alaba free-kick gives Real Madrid win to start title defence Cargo movement rises thru waterways
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Business

Rawhide prices hiked to Tk 47-52 per sqft

Star Business Report
Tue Jul 5, 2022 01:54 PM Last update on: Tue Jul 5, 2022 02:16 PM
Huge quantities of rawhide arrived at famous Pakutia market in Tangail’s Ghatail upazila after the Eid-ul-Azha but only a small number of buyers are showing up there. Photo: Collected

The government today hiked the prices of cow-rawhide by 8 per cent to Tk 47-Tk 52 per square foot (sqft) in Dhaka during Eid-ul-Azha when millions of cattle are sacrificed by Muslims to perform their religious duties.

Besides, prices of the salt-applied rawhides have been fixed at Tk 40-Tk 44 per sqft outside of Dhaka during the Eid-ul-Azha, which makes up nearly half of hides and skins of animals slaughtered annually in Bangladesh and provides the key raw materials for US$ 1.24 billion export-earning leather and leather goods industry.

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Commerce Minister Tipu Munshi announced the new prices of the rawhides at a press conference at his office in Dhaka after a meeting with tanners and hide and skin traders.

For the Eid-ul-Azha in 2021, the government fixed the prices of cow rawhide at Tk 40-Tk 45 per sqft in Dhaka and Tk 33-Tk 37 per sqft outside Dhaka.

Meanwhile, the prices of castrated goat hides have been fixed at Tk 18-Tk 20 per sqft.

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