For Market Insites read: Jute Market Reports from WGC
Press Release: DNFI Opposes Jute Export Ban by Government of Bangladesh
Jute is extracted from the bark of the white jute plant, Corchorus capsularis and to a lesser extent from tossa jute (C. olitorius). It flourishes in tropical lowland areas with humidity of 60% to 90%. A hectare of jute plants consumes about 15 tonnes of carbon dioxide and releases 11 tonnes of oxygen. Yields are about 2 tonnes of dry jute fibre per hectare.
Dubbed the “golden fibre”, jute is long, soft and shiny, with a length of 1 to 4 m and a diameter of from 17 to 20 microns. It is one of nature’s strongest vegetable fibres and ranks second only to cotton in terms of production quantity. Jute has high insulating and anti-static properties, moderate moisture regain and low thermal conductivity.
Annual Jute fibre output ranges from 2.3 to 2.8 million tonnes, on a par with wool. India produces 60% of the world’s Jute, with Bangladesh accounting for most of the rest.
Source: FAO 2009