Business Daily from THE HINDU group of publications
Thursday, Feb 22, 2007
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Business Daily from THE HINDU group of publications Thursday, Feb 22, 2007 ePaper |
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Logistics
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Supply Chain Management Industry & Economy - Jute Jute industry strike hits Concor operations Our Bureau
"Earlier we used to load one rake a week on an average but in the past one and half months we hardly loaded two rakes altogether," observe Concor sources.
Since the beginning of the strike on January 6, the dispatches of jute goods, particularly bags, in Concor rakes have remained suspended because, the mills being closed, no jute bags are coming out. Till December, Concor handled about 5,800 TEUs of jute bags. In 2005-06, the jute goods accounted for 23 per cent of more than 30,000 TEUs handled by Concor in the region. The figure this year will be less.
Limited movement
As it is, the throughput of the jute goods so far has been at a low ebb. There was a limited movement of the bags to Punjab, the major market, as the domestic procurement of wheat there was low. "Earlier we used to load one rake a week on an average but in the past one and half months we hardly loaded two rakes altogether," observe Concor sources.
Low demand
There is another point. Earlier, the regular rake movement to Punjab also prompted many smaller traders, each with limited volumes of traffic to offer for the northern region, to come forward as the aggregation of their cargoes helped Concor to form a full rake and run it. These traders too are not coming forward in large number now that there is no regular rake movement to the northern region. Last year, Concor transported about 30,000 bales of jute bags (equivalent of more than 600 TEUs) to Chhattisgarh but the traffic did not materialise this year for whatever reasons. In fact, part of the demand for jute bags earlier generated in Punjab got shifted this year to west coast ports such as Mundra and Kandla handling huge quantities of imported wheat, so much so that Concor is now saddled with an order for transporting about 30,000 bales of jute bags to these ports but unable to move the cargo in view of the strike.
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