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    <title>Raw jute prices breach Rs 11,000 per quintal; mills cut production, shutdowns loom large</title>
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    <description>Sharp escalation of raw jute prices above Rs 11,000 per quintal has produced acute input shortages and a near-absence of sellers, compelling multiple mills to reduce production, suspend shifts and temporarily close, with thousands of workers affected. Industry attributes disruption to hoarding and speculative stockpiling and cites ineffective enforcement of existing stock limits, while a court-directed revision of jute bag prices and payment of Area Dearness Allowance has tightened working capital without offsetting raw material costs.</description>
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