Indian Jute Mills Association Proposes Ban on Private Raw Jute Trading from April 1

The Indian Jute Mills Association (IJMA) has urged the government to ban private trading of raw jute after March 31 to control rising prices and ensure fibre availability for mills. The association highlighted that several mills have shut down or reduced production, affecting over 75,000 workers. IJMA proposed allowing traders to liquidate stocks by March 31, after which the Jute Corporation of India would manage supplies at government-fixed prices to stabilize the market and secure jute bag availability for the 2026-27 season.