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The industrial term for jute fiber is raw jute. The fibers are off-white to brown and range from 1–4 meters (3.3–13.1 ft) long. In Bangladesh, jute is called the "golden fiber" for its color and monetary value. [2] The bulk of the jute trade is centered in South Asia, with India and Bangladesh as the primary producers.
Today, nearly 75% of jute goods are packaging materials, such as burlap sacks. Problems such as obsolete machinery, strikes and lock-outs, and a lack of innovation have seen the Indian industry stagnate since independence. [5] Jute coffee bags are perhaps the most famous product, known as hessian or burlap.
Jute is primarily grown in West Bengal, Odisha, Assam, Meghalaya, Tripura and Andhra Pradesh. India is the largest producer or cultivator of jute in the world. Its 1987 law mandating the use of jute for certain packaging is one reason it is also the largest consumer of jute in the world. [2]
The International Jute Study Group (IJSG) is an intergovernmental organization of states that functions as the international commodity board for jute, kenaf, and related fibres. The IJSG functions as a body of the United Nations Conference on Trade and Development. Its main purpose is to ensure transparency in the international trade of jute ...
The Rawlings government that agreed on the demolition of the centre of trade in Ghana thought that devastating Makola would improve the economy. Indeed, there were accusations that various products considered banned in Ghana were being sold in the Makola Market. In this way, the market women were accused of Ghana's economic problems. [7]
Ghana Union of Traders Association (GUTA) is the umbrella body that regulates the activities of trades in Ghana. [ 1 ] [ 2 ] The body also lobbies the Government of Ghana on issues that affect traders in the country.
Beparis are a group of traders or intermediaries in the raw jute trade, that stock and supply raw jute to jute mills in West Bengal, India and Bangladesh. [1] The jute mills generally don't buy raw jute from the farmers. For the supply of raw jute, the jute mills rely on the Beparis who directly buy raw jute from the farmers.
In 1950, the Adamjee Jute Mills, the world's largest jute mill, was established near the port. The government of Pakistan developed the modern port in June 1955. [3] In the 1960s, Queen Elizabeth II, Crown Prince Akihito and King Bhumibol were among the foreign dignitaries who visited the Narayanganj port and Adamjee Jute Mills.