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Dhaka, Bangladesh (BBN)– The government has decided to issue permission to export rawhide for ensuring fair prices for the traders, an official handout said.

The government also sought cooperation of the traders to ensure the buy and sell of the rawhides at fair prices, fixed by the ministry earlier, according to the handout, issued by the Ministry of Commerce (MoC) on Tuesday.

It also urged the traders to preserve the rawhides maintaining proper system. “The ministry is urging the traders related with the rawhide business to be more responsible.”

A day after Eid-ul-Azha, when Muslims slaughtered hundreds of thousands of cattle as a symbol of sacrifice, the government said it noticed that the prices it fixed for rawhide price during the festival were not properly followed.

The ministry urged the divisional commissioners, deputy commissioners, upazila nirbahi officers (UNO) and other concerned officials to cooperate with the government on this issue.

Meanwhile, price of rawhide had dropped sharply causing immense loss to the small traders during the day of Eid-ul-Azha on Monday.

The cowhides were sold at BDT 350 to BDT 400 on average and those of goats were sold at only BDT 25 to BDT 30, according to reports.

Whereas, in the last year, the prices of cowhides and goat hides were around BDT1000 and BDT 50 respectively.

The small traders, who individually bought hides from across the city, were not getting even the price they paid to buy the hides, the reports added.