Dhaka - Bangladesh on Tuesday slapped an export ban on export to ensure smooth supply of the natural fibre for its local mills as the South Asian country predicted dwindling jute production this year. "The government will allow raw jute exports only after meeting local demands," Jute and Textile Minister Abdul Latif Siddiqui told reporters.
Bangladesh usually exports around 40 per cent of its total production of 4 million tons of raw jute while the remainder goes to 160 domestic jute and spinning mills.
Agriculturalists estimate that the country may suffer a production shortfall of 10 per cent in 2009.
