Prices of jute (TD5 variety) are hovering around Rs 47,000 per tonne compared to Minimum Support Price of Rs 27,000 a tonne. Raw jute prices are likely to flare up on the back of higher estimates of domestic consumption of the fibre crop by the Jute Advisory Board (JAB). Higher prices of jute would exert pressure on realisations of jute mill owners.
Jute| Prices of jute (TD5 variety) are hovering around Rs 47,000 per
October 29, 2015 10:17 AM | Skymet Weather Team