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Jute is a soft and shiny vegetable fiber. It is also called ‘golden fiber’ thanks to its golden, silky shine. Jute is generated out of flowering plants that belong to corchorus family.
Jute is very cheap to produce. It the most affordable vegetable fiber next to cotton. Since 17th century, British East India company commenced trading in Jute. Jute has an indispensable commodity in Bangladesh.
Jute is a natural fiber cash crop like cotton. Mainly, the commodity is used to make rope, curtains, chair coverings, carpets, rugs etc. Jute furniture are a high-selling product in many countries in the world.
In agriculture, Jute acts as a protective cover for rooting plants. It is used as a substitute for wood in the pulp and paper industries. Wide-range Jute products are used in cosmetics, medicines, paints etc.
Jute have two varieties. White Jute(Capsularis) which is cultivated in India is spun into cloth by artisans. Tossa Jute(Olitorius) is silkier and stronger than white Jute.
Alluvial soil or loamy soil with plain land or low land is ideal for jute cultivation. February month is the best season to prepare Jute crop. JRO 878,JRO 524, JRO 7835, JRC 7447, JRC 212, JRC 321 are the commercially cultivated Jute varieties in India.
Major Jute producing states in India are West Bengal, Bihar, Assam, Andhra Pradesh, Telangana, Orissa, Meghalaya, Nagaland, Tripura and Uttar Pradesh.
Major Jute producing countries are India, Bangladesh, China, Uzbekistan and Nepal.
Major Jute importing counties are China, Pakistan, India, Nepal and Ivory Coast.
Major Jute suppliers are Bangladesh, India, Kenya, Pakistan, and Tanzania
Following are the major trading hubs for Jute in India:
(Andra Pradesh) Srikakulam, Vizianagaram, Vishakapatnam
(Assam) Barpeta, Bongaigaon, Cachar, Dhubri, Darrang, Dhemaji, Gopalpara, Golaghat, Hailakandi, Jorhat, Karbianglong, Karimganj, Kokrajhar, Lakhimpur, Morigaon, Nawgaon, Nalbari, Sonitpur
(Bihar) Purnea, East Champaran, Khagaria, Madhepura, Kishanganj, Saharsa, West Champaran
(Meghalaya) East Garo Hills
(Tripura) Dhalai, South Tripura, West Tripura
(West Bengal) Burdwan, Cooch Behar, Dakshin Dinajpur, Darjeeling, Hoogly, Howrah, Jalpaiguri, Malda, Midnapore, Murshidabad, Nadia, Parganas, Uttar Dinajpur
(Orrissa) Balasore, Cuttack, Kendrapara, Keonjhar .
Jute is traded in the commodity futures market at National Multi Commodity Exchange of India ltd (NMCE).