Market News on Jute and Jute Goods
for the week beginning 02.12.2002.
1. Raw Jute
Raw Jute market looks depressed as in the
previous week.
2. Imports
Import of small quantity Raw jute &
Sackings from Bangladesh is there.
3. JCI Activities
JCI have been maintaining their presence in
the markets ruling below price support level.
4. Govt
Buying of B.Twills
Matter relating to Govt. buying of B.
Twills still remains pending.
5. Gunny
Market
Gunny Market continues to remain depressed.
Domestic demand has not picked up yet in real term. Overseas demands are also in low web.
6. Exports
Generation of overseas enquiries is at
appreciably low scale. Greatest of Muslim Festival is now over. Spate of enquiries from
Middle East and East African countries is likely to get some momentum from the next week.
7. Any Other
Salient Point
Nothing specific as such to mention.
