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 mention.