Jute industry pins hope on June 3 ECJ meet amid supply crunch, soaring prices

The Expert Committee on Jute will meet in Kolkata to assess raw jute supply. The industry faces high prices and delayed arrivals. The committee will discuss the supply-demand scenario. Jute mills report hoarding and inaction against it. Mills are struggling with rising costs. The industry seeks buffer stock release and strict MSP enforcement. They want to stabilize the market soon.

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