Prices of raw jute, once dubbed the “golden fibre” of Bangladesh, have increased by nearly 19 percent year-on-year as demand ...

Prices of raw jute, once dubbed the “golden fibre” of Bangladesh, have increased by nearly 19 percent year-on-year as demand has outpaced supply following the government’s ban on polythene bags.

The raw jute (both jute and mesta), a kharif crop, acreage this year slipped to 5.74 lakh hectares (lh) from 6.67 lh in 2023 season, fuelling speculation of a lower output amid less rainfall in ...