Rawhides purchase rates fixed
Tanners will buy rawhide of cows at Tk 55-60 a square feet in Dhaka and Tk 45-50 outside the capital.
In the case of goats, the rates are Tk30 and Tk25, said a senior official of Bangladesh Tanners Association yesterday.
The trade body fixed the rates for Eid-ul-Azha, due on Wednesday, at a meeting at its office.
Last year, the rates of cow rawhide were Tk 40 and Tk 35, while the prices of goat's rawhide were Tk 35 and Tk 30.
The tanners and leather goods makers receive around 200 million square feet of raw material every year, of which 50-70 million square feet come from this festival.
On head-count, about 45 lakh cows, one crore goats, 82,000 buffaloes and 300,000 sheep were slaughtered during Eid-ul-Azha last year, according to Bangladesh Finished Leather, Leather Goods and Footwear Exporters Association.
Syed Nasim Manzur, managing director of Apex Adelchi Footwear Limited, said tanneries and the footwear industry will not be able to continue their business if the prices of rawhide of cows go beyond Tk 60 in Dhaka.
Rawhides coming from outside Dhaka should be much lower, as transportation of those bears some extra cost, said Manzur, adding that processing raw-hide has become costlier due to hike in chemicals use.