Wholesale traders have decided to not to sell rawhide to the tanners because of the ‘dues in million of taka’ owed by the factory owners.
The decision came from Bangladesh Hide and Skin Merchant Associations, aggravated by the massive fall in rawhide price during the Eid-ul-Azha for which they blamed the tanners.Bangladesh Tanners Association, however, said they don’t have anything to do if the traders refuse to sell rawhide going against the government’s request.
The tanners traditionally buy rawhide from wholesale skin traders who collect the rawhide from retail buyers across the country.
The situation took a turn for the worse when wholesalers began offering meagre prices for hides or stopped purchasing it entirely. Many seasonal traders subsequently dropped their stocks in the streets.
Bangladesh Hide and Skin Merchant Association President Mohammad Delowar Hossain said the total amount of dues owed by the tanners accumulated to Tk 400 crore since 2012.
“We asked all retailers not to sell rawhide. The final decision will come from meeting with Commerce Ministry,” Delowar added.
Meanwhile, the Information Minister recently said the government is determined to track down the alleged syndicate that is 'playing games' with the price of rawhides and skins of animals sacrificed on Eid-ul-Azha,Addressing the ongoing issues surrounding rawhide, Information Minister Hasan Mahmud pointed to the growth in leather exports under the ruling Awami League and blamed a syndicate for the current troubles.
A large part of the demand for leather in Bangladesh is fulfilled through the rawhides of animals sacrificed on Eid.