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Informist, Monday, Apr. 20, 2026

 

 

MUMBAI – The government has asked the registered raw jute balers not to hold any raw jute and sell their entire holdings by May 5. The government has also asked balers not registered with the jute commissioner's office and jute traders to sell their holdings, but has not specified any timeline for them. 

 

"The move follows a sharp rise in raw jute prices over the past few months, which have remained well above the Minimum Support Price (MSP) for 2025-26. As a result, various stakeholders have expressed concerns regarding the availability of raw jute," the Ministry of Textiles said in a release Monday. 

 

Under the revised stocking norms, registered raw jute balers with baling press facility on their premises must sell the entire quantity of raw jute held by them by May 5, with physical delivery completed by May 15, the release said. 

 

Unregistered raw jute balers who do not have any baling press facility are required to liquidate stocks. Meanwhile, jute mills or processing units can only hold stock required for 45 days of consumption as per current production rates. The government has tightened stock limits on jute amid a limited availability of packaging materials such as plastic sacks due to supply chain disruptions caused by the war in West Asia.  End

 

Reported by Reshma Ravi

Edited by Akul Nishant Akhoury

 

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