Jute is selling at Taka 5,000 to Taka 5,100 per maund in Lalmonirhat this season, compared to a maximum of around Taka 3,600 during the same period last year. Despite weather setbacks and production losses in some areas, the notable price increase has brought relief and satisfactory profits to growers.
According to the Department of Agricultural Extension, jute was cultivated on 4,045 hectares of land in the district, producing 8,857 tonnes of fiber, while the favorable market conditions helped farmers offset previous losses.
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