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exporters - Newest pictures
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Exporters


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Exporters

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After the emergence of Bangladesh , the government had enforced a monopoly over the export of Raw Jute. BJC and BJEC were the government organization given the exclusive right to export Raw Jute. It was, however, relaxed in 1976 in order to expedite and widen the export market. At the present moment, government organizations are no longer involved in exporting raw jute and the entire trade is handled by private sector.

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Exporters generally purchase 2/3 of their jute during the period July-December, the volume of purchase by exporters more or less confirms to the volume of arrivals of Raw Jute at the trading centers. The bulk of the purchases is made against orders received, but occasionally exporters and balers buy jute in anticipation of sales or sell off anticipating lower prices. About quarter of the purchases is speculative in nature.

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