chapter viii wool & wollen textiles industry - Ministry of Textiles

annual report 2011-12
The value of export of jute diversified products is given at table 6.9.
Table 6.9
Value of export of jute diversified products from India
(Value Rs. Million)
Products 2005-06 2006-07 2007-08 2008-09 2009-10
Floor Coverings 2133.90 1675.70 1825.80 1242.40 1268.90
Hand & Shopping Bags 880.03 703.10 1122.80 1656.90 981.32
Wall Hangings 4.61 4.20 2.20 1.10 1.24
Gift Articles 21.63 9.27 11.10 4.00 17.62
Decorative Fabrics 22.91 21.90 16.80 17.20 21.47
Others 62.84 150.63 6.80 23.30 17.73
Total JDPs 3125.92 2564.80 2985.50 2945.50 2308.28
Total jute goods exports 11862.40 10551.60 11435.70 12161.6 8594.64
% share of JDP export total jute
exports.
26% 24% 26% 24% 27%
Import of Raw jute and Jute
goods
During the year 2009-10 volume of import
of jute goods stood at 112.8 thousand MT
valued at Rs.453.2 crores as against 70.94
thousand MT valued at Rs.202.99 crores
in 2008-09. This implies an increase of
59.0% in terms of quantity and 123.2% in
terms of value over 2008-09. Import of raw
jute has also increased. Volume of import
of raw jute during 2009-10 stood at 82.9
thousand MT valued at Rs.197.4 crores
as against 59.0 thousand M.T. valued
at Rs.89.00 crores. Thus, import of raw
jute both in terms of quantity and value
have increased by 40.5% and 121.7%
respectively. Import of jute goods during
2011-12 (April/Aug) has also increased by
63.4% to 48.7 thousand M.T. as against
29.8 thousand M.T. in the corresponding
period of last year. Import of raw jute has
also increased substantially by 809.7%
to 93.7 thousand M.T. as against 10.3
thousand M.T. during the last year.
Trends in the import of jute goods and raw
jute is given at table 6.10.
PRICE SITUATION OF RAW JUTE
2009-10
In the 2009-10 season, due to a very
small carryover stock of around 8.0 lakh
bales and moderate production of 90.0
lakh bales, the ruling market prices of raw
jute prevailed much higher than the MSP
in all jute growing states right from the
beginning. In the month of September,
2009 the ruling prices came down from
Rs.2801/- per quintal to Rs.2046/- per
quintal due to arrival of the new crop.
Thereafter, the prices showed an
increasing trend due to the feeling that the
actual crop would fall short of estimates
and it reached Rs.3308/- per quintal at
the end of July, 2010. There was a strike
in jute mills in West Bengal from 14-12-
2009 to 12-02-2010. Due to this strike, a
total quantity of around 15.0 lakh bales
have been consumed less. Despite the
strike in jute mills, there was no sign of
decreasing trend in the price of raw jute
as jute mills kept on purchasing raw jute
in anticipation of further rise in price after
the strike.
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