Nagpur: Orange farmers in Vidarbha complaining of poor harvest this year are not alone.
Even traders from Bangladesh – the biggest export market for Nagpur oranges – said they had been left bleeding.
More than four months ago, the Bangladesh government increased the value of assessment for oranges of 10 cents per kg.
The value of the assessment is the basic price in which customs is calculated.
Oranges attract more than 90% of tasks.
Now, because the value has been hiking, the last task imposed on the fruit rises as well.
Reported to take victims of Indian exports, the trade source said here.
But oranges from Bhutan are sold for duty free in Bangladesh.
More expensive Nagpur oranges have lower demand today.
Traders in Bangladesh said their purchasing prices increased due to rising tasks.
However, prices in Bangladesh market are not enough to recover costs.
It has left them in losses.
The Transport Minister Union Nitin Gadkari has encouraged an increase in orange exports to Bangladesh from the region.
The minister on Saturday said he had a meeting with Minister of Home Bangladesh in New Delhi, where the last “guaranteed to take oranges in large quantities of Vidarbha”.
He also took the issue of increasing tasks with the country’s leadership.
The results of the ambiya plant, which seasonal began in October-November, low and prices need to be encouraged to cover losses, trade sources.
This can occur with good export requests.
Usually, 25% of plants go to Bangladesh.
The level may not be achieved this year.
Manoj Jawanjal, a director in Mahaorange, the state’s efforts of the state, also agreed upon.
Toi spoke with traders both in India and Bangladesh to assess the situation.
Javed Khan, a trader in the vanital which is the main center of orange, said that domestic prices had just touched RS25,000 to RS30,000 tons.
“The average price is more than RS15,000 at first.
Prices are not enough to cover losses due to lower results,” Khan said.
From Bangladesh, Shahjahan Mohammed Kabir said that traders caused a loss of at least RS500.
“Many risk their savings in trading.
With clubbed assignments, Nagpur orange crates the price Rs2,500 to RS2700 and market prices are RS2.300 to RS2.200,” he said.
A number of delegates have been put in front of the government but in vain, said Kabir.
Farooq Siddiqui, Secretary (Foreign Affairs) Association of Bangladesh Fresh Fruit Importer, said that the Costlier dollar added to the task.
Because the value of the dollar assessment is appointed, then it rises if the greenback becomes more expensive to oppose the local currency.
Siddiqui said that there was a main market of orange nagpur in Bangladesh.
However, there has been an impact on citruses imported from all other countries.
“Increased costs affect trade.
Only orange imports from Bhutan are free,” he said.
Nagpur Orange Turn Sour for Bangladesh Traders
