Dhaka, June 7 -- There is a substantial increase in rawhide pricing over the previous year, but vendors and seasonal collectors are still not happy. As purchasers allegedly take advantage of legal loopholes to provide below-market prices, the Eid al-Adha leather trade is being accused of being manipulated by syndicates.

The temporary leather market hub at the Aminbazar bridge in Savar saw a continuous influx of animal hides on Saturday as Muslims throughout Bangladesh celebrated Eid al-Adha. The hides were delivered by vans, pickup vehicles, and autorickshaws.

A student of Jahanara Siddiquia Madrasa under Basan Thana of Gazipur, Masudur Rahman, brought ten hides to the market. He claimed that although they are offering Tk 750 to Tk 800 ...