Jute mill owners are witnessing extremely high demand for jute bags this year owing to large orders from state-owned Food Corporation of India and the West Bengal government.
But the Indian Govt. has turned down their mill owners’ plea to import raw jute from Bangladesh, saying there is enough stock for the next few months.
The country’s Jute Commissioner’s Office said to the Indian Jute Mills Association (IJMA) mentioned that considering the monthly consumption of raw jute which has been indicated to be in the range of 5.5 lakh bales and the current arrival in the market, there is enough raw jute available for the coming months and there is no urgency for immediate import”.
It said a review of the import decision would likely take place in January-February next year.
The IJMA said that in the current situation, imports of raw jute have become inevitable and they had an estimated harvest of 75 lakh bales of raw jute this year.