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Jute mills plagued by a dearth of raw materials

The nine state-owned jute mills in Khulna and Jashore are lagging way behind their production targets amid a shortage of raw materials. Up until May 5, just around 29 percent of 2018-19’s purchase target of 7,48,596 quintals of jute has been met, which the mill authorities blame on a financial crisis. Current stocks in the mills, seven in Khulna and the remaining two in Jessore, are set to last in a range from around five to 26 days.
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