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Cattle sales get momentum

Prices go up slightly

Helemul Alam
With Eid-ul-Azha, one of the biggest religious festivals of the Muslims, just around the corner, the sale of sacrificial animals in all the 20 cattle markets of the capital has gained momentum.
Cattle traders yesterday charged a bit higher than they did on Sunday.
Buyers had started gathering in different markets since morning, much to the relief of anxious cattle traders, most of whom suffered losses last year.
With the markets abuzz with buyers and the sales volume going up, many cattle traders were seen optimistic. They were seen giving instructions over the phone to bring more cattle to the markets, a chance to recoup the previous year's loss.
"I have bought a bull for Tk 40,000, which is around Tk 10,000 higher than the price yesterday [Sunday]," said Solaiman, a resident of Kazipara in the capital.
Ibrahim Ali, who came to Taltala cattle market for the second consecutive day, said the price of a medium size bull had increased byTk 5,000 toTk 15,000, comparing to Sunday's prices.
A cattle trader said: "On Sunday, I sold five out of 20 bulls incurring a loss of Tk 2,000 to 3,000 per cattle. But I have made a profit of Tk 2000 to 5000 per cattle by sellingseven bulls today [Monday]."
He asked his relatives over the phone to send more cattle to the market hoping to earn more profits. He said he had made a loss ofTk 5 lakh last year.
The traders who had sold most of their cattle before yesterday were found in a dejected mood.
On Sunday, Mohammad Azad Molla sold four out of five bulls he brought from Pabna, counting a loss of around Tk 20,000 altogether.
He expressed his frustration seeing the huge presence of customers yesterday.
"I made a loss of Tk 1.50 lakh last year. That's why, I dared not to take any risk by keeping the cattle until the last day before Eid," he said. Mahbubur Rahman, manager of counter No.-2 of Taltala cattle market, said they had received Hasil (service tax to be paid by buyers) on 300 bulls in one out of seven counters by noon.
He thought that the amount would go up with the day advancing.
Meanwhile, the sale of goats had come down this year, the traders said.
"I brought six goats to the Agargaon cattle market three days back, but could sell only one to this day [yesterday]," said Abu Samad, a trader.