The government on Sunday announced the prices of rawhides of animals to be sacrificed during the upcoming Eid-ul-Azha nearly 30 per cent lower than the prices in the last year.
Commerce minister Tipu Munshi at a virtual meeting with the leather sector business leaders announced that the prices of salted cowhide at Tk 35-40 a square feet in Dhaka which was 29 per cent lower than the price of last year.
The minister announced the prices of salted cowhide at Tk 28-32 a square feet for outside Dhaka which was 20 per cent lower than the last year’s prices.
The prices of castrated-goat skin announced at Tk 13-15 a square foot with a 27 per cent lower and that of goatskin at Tk 10-12 a square foot, 22 per cent down from the prices of last year.
Last year, the government had set cowhide price at Tk 45-50 a square feet in Dhaka and Tk 35-40 a square feet for outside of Dhaka. The price of castrated-goat skin was set at Tk 18-20 a square feet and that of goatskin at Tk 13-15 a square feet across the country.
Tanneres sector business leaders expressed their satisfaction as the government had taken their recommendations into the consideration and set a low price of rawhide.
Tipu Munshi said that they set the prices considering the ongoing situation of global business, prices of raw hide on the international market and the current state of the country’s leather sector.