Jute (including kenaf) was an important foreign exchange earner for the producing countries during '60s. Even during the '70s, jute was an important commodity for most of the producing countries. However, during the '80s, bulk handling techniques and synthetic substitutes entered the market and jute started losing its predominant position in the market.
Jute (including kenaf) was an important foreign exchange earner for the producing countries during '60s. Even during the '70s, jute was an important commodity for most of the producing countries. However, during the '80s, bulk handling techniques and synthetic substitutes entered the market and jute started losing its predominant position in the market.