Tanners start buying rawhide

Tanners started purchasing salted rawhide from hide and skin merchants on Saturday amid a slump in prices and dumping of 35 percent rawhide after the Eid-ul-Azha.

Confirming the news, Shakawat Ullah, general secretary of Bangladesh Tanners Association said the purchasing will continue for the next two months.

Before the Eid, the commerce ministry had fixed the prices of salt-applied rawhide of cows and buffaloes at Tk 45-50 per square foot in the capital and Tk 35-40 elsewhere.

The price of rawhide of castrated goats was fixed at Tk 18-20 per square foot. For un-castrated goats, the price was set at Tk 13-15.

Source: dailysun