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Internet Edition. March 23, 2008, Updated: Bangladesh Time 12:00 AM |
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Carton makers blame mill owners' syndicate for price hike Staff Reporter Bangladesh Carton Manufacturer Association (BCMA) condemned paper mills owners for their syndicated activity to create artificial paper crisis in the country in order to increase the price. Carton Manufacturers are facing great hardship in sustaining their existence in the business as the price of locally produced papers have increased from 70 per cent to 90 per cent over the years, said leaders of the association at a press conference on Friday in the city. "Our business, which largely depends on locally produced papers, have reached its dead end as we can't increase the price of our manufactured carton according to the increasing paper price," said General Secretary of the BCMA MA Bashar Patwari. According to him, carton manufacturers are forced to supply their products according to market demands, but with a huge loss every time. Continuing business in this manner will not be possible for long, which will be a major hitch for our export oriented sectors, he added. They demanded immediate Government action to protect their business from the notorious paper mills syndicate. The press conference was chaired by BCMA President SA Khairuzzaman Babul.
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