SEASONAL buyers and also common people have alleged that prices of rawhides of animals sacrificed during the Eid-ul-Azha were "totally irrational" and much lower than they had expected. The ..." /> Logo
25th-Aug-2018

Syndicates play tricks to keep rawhide prices at lowest level

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SEASONAL buyers and also common people have alleged that prices of rawhides of animals sacrificed during the Eid-ul-Azha were "totally irrational" and much lower than they had expected. The seasonal traders said they have already counted a huge amount of loss for playing trick by the syndicate of wholesale businessmen. The city's Muslim people started slaughtering sacrificial animals on Wednesday morning at their own places and within a few hours most of these rawhides reached at Science Laboratory and Posta areas changing the hands of seasonal buyers. In several places, the rawhides of cow and buffalos were sold even at Taka 300-400 and goatskin and sheepskin were sold at Taka 40-80 per piece -not by per square feet.
President of Bangladesh Hide and Skin Merchants' Association has admitted that the price level was lowest in the last several years. But what is significant that around 20-25 lakh more cow, goat and others were slaughtered this year due to huge availability of cattle. The government on August 10 announced the prices of rawhides of animals setting the highest price at Tk 50 a square feet for cowhide and Tk 20 a square feet for goatskin, which were six-year low. Commerce Minister had set the prices following a meeting with leaders of Bangladesh Tanners' Association, Bangladesh Finished Leather, Leathergoods and Footwear Exporters' Association and Bangladesh Hide and Skin Merchants' Association in the capital.
The seasonal rawhide buyers had also faced obstacles in each district across the country. Usually a good number of people donate the rawhides to poor people or local masques and madrasas which later sell it to raise their fund. This year it was a total misfortune for them. The social media networks were flooded with comments over the low prices. Some of them asked, if a cowhide is sold at Tka 300 than why we should buy a pair of shoes at Taka 5000 from Apex or other companies?
Wholesalers and the tannery owners each year show different excuses for the low price of rawhides and animal skin. It cannot be accepted anymore. We are surprised see no monitoring of government in this regard.