Rawhide prices rise slightly in Dhaka; tannery owners aim to collect up to 80 lakh hides
52 MIN(s) ago
Star Business Report
Around 5.30 lakh pieces of sacrificial animal rawhides have arrived at the Savar Tannery Industrial Estate, with industry leaders expressing optimism that this year's Eid-ul-Azha collection target will be achieved.Md Shakawat Ullah, senior vice-chairman of the Bangladesh Tanners Association, today said around 5.30 lakh pieces of rawhide had arrived at the estate between May 28 and May 29, including approximately 5.14 lakh cow hides and 16,000 goat skins.He said that rawhides usually arrive at the estate on Eid day and the following day. Processing and other related activities generally begin two to three days later.He further said the collected hides had been properly preserved and processing would begin later.Regarding Eid-ul-Azha collections, he expressed optimism that the industry's target would be achieved, adding that the sector aims to collect around 80 lakh hides, including those from cows, goats, and buffaloes.Tannery owners have set a target of collecting 75 lakh to 80 lakh sacrificial animal hides this year. Of the total, they aim to directly purchase around 80 percent of the hides in Dhaka.Last year, they directly bought around 750,000 to 800,000 hides in the capital.Meanwhile, rawhide prices in Dhaka rose slightly on the second day of Eid-ul-Azha, still well below government-set prices, while traders outside the capital were forced to dump unsold hides due to low prices.Large and medium-sized cowhides’ prices in Dhaka increased by at least Tk 100 from Eid day, although prices of goatskins and smaller cowhides remained unchanged.
