Government sets rawhide prices before Eid-ul-Azha

The Ministry of Commerce set the price of salted cowhides at Tk 50 to Tk 55 per square foot in Dhaka and Tk 45 to Tk 48 outside of Dhaka on Sunday.

Commerce Minister Tipu Munshi made the announcement during a meeting at the Ministry of Commerce with tannery owners, the Tariff Commission, and other stakeholders.

The minister said that the price of salted cowhide has been increased by Tk 3 in Dhaka and by Tk 5 outside Dhaka compared to last year. And the prices of Khasi (male goat) and goat skin were kept the same as it was in the previous year.

Tipu Munshi said the rawhide prices of sacrificial Khasi (male goat) have been fixed at Tk 18 to Tk 20 and goat Tk 12 to Tk 14.

Last year, the price of salted cowhide was Tk 47 to Tk 52 per square feet in Dhaka and Tk 40 to Tk 44 outside Dhaka. And the price of salted skin of khasi was Tk 18 to Tk 20 and goat skin was Tk 12 to Tk14.

Tanners will get around Tk 259 crore loans from banks to procure and preserve rawhides during the upcoming Eid-ul-Azha.

According to commerce ministry sources, tannery owners have requested a Tk 500 crore loan from the government. 

A total of 12 public and commercial banks will make loans to applicants, with state-owned banks providing the most.

Source: UNB