The Ministry of Commerce on Sunday (June 25, 2023) fixed the prices of salted cowhides at Tk 50 to Tk 55 per square feet in Dhaka and at Tk 45 to Tk 48 outside Dhaka.
Commerce Minister Tipu Munshi disclosed this after a meeting with tannery owners, the Tariff Commission, and related stakeholders at the Ministry of Commerce.
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.
Read: Salted rawhides collection starts Thursday
Tipu Munshi said the rawhide prices of sacrificial Khasi (male goat) has 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.
Read: Steps taken to prevent rawhide smuggling in border areas: Industries Secy
According to commerce ministry sources, tannery owners have written to the ministry seeking a Tk 500 crore loan .
A total of 12 public and private banks will disburse the loans among applicants with state-owned ones lending the maximum amount.
Read more: Govt hikes rawhide prices ahead of Eid