Registered Jute Balers Directed to Sell Stock by May 5

21-Apr-2026 01:04 PM

New Delhi: The government has directed all registered jute balers to sell their entire stock by May 5, 2026, in order to boost the supply and availability of raw jute and to curb the surge in prices.

Similarly, balers who are not registered with the Office of the Jute Commissioner have also been asked to offload their stock.

Traders, too, have been issued similar instructions. However, no specific deadline has been prescribed for unregistered balers, traders, or stockists to sell their holdings.

It is noteworthy that over the past few months, jute prices have witnessed a significant escalation, rising to levels substantially above the Minimum Support Price (MSP).

This situation has compounded the difficulties faced by jute mills and has driven up the production costs for gunny bags (sacks) as well as other jute-based products.

According to the Ministry of Textiles, under the revised stock-holding norms, registered balers are required to sell their entire stock of jute by May 5 and to effect delivery to the buyers by May 15.