Over the last few years, a crisis has been created with Eid leather.
This year, the price of cow skin in Dhaka has been fixed at 35 to 40 rupees per square foot. And outside Dhaka, the price of cow skin per square foot is 26 to 32 rupees.
Last year in Dhaka the price was 45-50 rupees, this year the price has been reduced by about 29% less than last year.
And outside Dhaka last year the price of cow skin was 35-40 rupees, which this time has been reduced by about 20%.
Commerce Minister Tipu Munshi, a leather trader, announced this year’s leather price at an online meeting of government officials.
According to the decision of the meeting, the price of goat skin has been fixed at 13-15 rupees. Last year the price was 18 to 20 rupees. Compared to last year, the price of goat skin has decreased by about 26%.
The Commerce Minister said that pricing in the international market has taken into consideration the price of leather in the international market, the demand for Bangladeshi leather and leather products in the international market, the possibility of contraction in the Covid-19 situation, quality of leather and leather products in Bangladesh. The Ministry of Commerce has set this price.
The Commerce Minister said the government has been fixing the price of leather for the last few years with the aim of benefiting all parties involved in the leather business even though no product has been fixed in the free market economy.
Over the past few years, those involved in the sacrificial leather business have suffered greatly.
Even though the government fixes the price of leather, in many places people are forced to sell leather at a lower price than that price.
Last year, seasonal traders protested by burying animal skins in the ground as they could not get a fair price for selling leather in various parts of the country. That picture has been widely discussed through social media.
At the time, seasonal leather traders were blaming wholesalers, while wholesalers said warehousing buyers were buying leather at lower prices.
And the storekeepers claimed that they could not buy leather from the wholesale buyers at a reasonable price as their arrears were not paid by the Tannery Association.