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Bangladesh jute report last week

JUTE rates supplied by the Bangladesh Jute Association

VARIETY BALES FOB Narayanganj (One bale = 180 kg) (Taka per bale) juteReady Position (in taka) Bangla white special (BW special) 12,800 Bangla white A (BWA) 12,500 Bangla white B (BWB) 11,600 Bangla white C (BWC) 10,100 Bangla white D (BWD) 9,650 Bangla white E (BWE) 9,200 Bangla tossa special (BTS) 13,100 Bangla tossa A (BTA) 13,800 Bangla tossa B (BTB) 11,900 Bangla tossa C (BTC) ...

Weekly tea auction postponed due to political unrest

The weekly tea auction was postponed on Tuesday amid violent protests against upcoming elections, traders said. Bangladesh has been rocked by a series of shutdowns and transport blockades over the past few weeks, crippling economic activity. teaTea is sold every Tuesday at the country’s sole auction centre in Chittagong. “We have to cancel the tea auction this week as a continuous blockade limited movements of traders and disrupted supplies,” an official at the Tea Traders Association of Bang...

Vegetables remain high due to short supply

The price of vegetables rose by Tk 10 to 20 per kg in the city’s kitchen markets on Friday due to short supply during the latest blockade period. Traders said that they were ready to pay higher fare to the truck owners but most of the drivers refused to arrive in Dhaka for security reason. Rais Uddin, a wholesaler of Karwan Bazar, said, huge quantities of vegetables had been perished in Bogra and Jessore every day during the hartal and the blockade time. So, the farmers raised the price to recover losses. vegetable-market

Taka stable against Dollar last week

remmitanceThe local currency maintained stable tone last week against the greenback and traded around 77.75 levels. We feel the market will see the same tone next week as well. The average daily inter-bank USD/BDT transaction volume was about USD 56.58 million against around USD 26.71 million of the week before, reports FE. Most of the banks kept their published foreign exchange rates unchanged this week. The USD/BDT selling rates for importers of major foreign and private banks wa...

Bangladesh jute report – Nov 27

VARIETY BALES FOB Narayanganj (One bale = 180 kg) (Taka per bale) Ready Position (in taka) Bangla white special (BW special) 12,800 Bangla white A (BWA) 12,500 Bangla white B (BWB) 11,600 Bangla white C (BWC) 10,100 Bangla white D (BWD) 9,650 Bangla white E (BWE) 9,200 Bangla tossa special (BTS) 13,100 Bangla tossa A (BTA) 13,800 Bangla tossa B (BTB) 11,900 Bangla tossa C (BTC) 10,400 Bangla tossa D (BTD) 9,950 Bangla tossa E (BTE) 9,500 WRS/TRS, HABIJABI, CUT ROPES Bangla white rejection (BWR) 8,250 Bangla white habijabi (BWH) 6,300 Bangla tossa rejection (BTR) 8,500 Bangla tossa habijabi (BTH) 6,300

Tea prices dip for second week

Tea prices in Bangladesh slipped for a second straight week at a weekly auction on Tuesday as demand from local buyers was poor amid political violence, brokers said. The average price of Bangladeshi tea was 200.04 taka ($2.74) per kg against 213.25 taka in the previous auction on Nov. 19, an official from National Brokers Ltd said on Wednesday. teaNearly 2.4 million kg of tea was offered at the country’s sole auction centre in Chittagong, with about 21 percent remaining unsold, compared with more than 2.4 million...
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