Bad market for cattle traders this year
The seasonal cattle traders could hardly make any profit this year due to higher supply of sacrificial animals in the capital's cattle market set up ahead of Eid-ul-Azha, traders say.
As many cattle remained unsold in absence of proper bargain price, traders were seen returning to their village homes with cattle-laden trucks.
Motaleb Hossain, a cattle trader in a makeshift market at Shanir Akhra, said "Even three days before [the eid], the asking price for one of my bulls was Tk 60,000."
"But, today (the day before the eid), buyers were asking me whether I would sell the bull at Tk 45,000.
I will have to sell it at minimum Tk 52,000 to cover my losses," he told this correspondent on Friday evening.
Motaleb, who brought five cows from Kishoreganj, managed to sell only three, but fell into trouble with two unsold ones.
Nasir Hossain, a buyer, said “I bought a cow at Tk 55,000 a day before the eid. But, its price should have been more than Tk 70,000.”
Those, who had sold their cattle three to four days before the eid, could make quite a bit of profit, traders add.
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