Bangladesh Positioned to Import Record Highs in 2007

Last year’s weather was not favorable for cotton production in Bangladesh, so growth was small, but farmers got a good price — 1,600 taka per mound ($23.43 USD per 88.18 pounds). For that reason, Bangladeshi growers were inspired to cultivate cotton this year and have been preparing to plant more seed. Planting began in June and continued into July, with the new crop harvesting period from December 2007 to February 2008. Bangladesh’s Cotton Development Board (CDB) and private growers estimate that the new production will be around 100,000 bales (480 pounds), whereas last season it was only 60,000 bales.

Last year, the CDB sold 350,000 pounds of cotton, with the remainder of the country’s cotton produced privately. CDB cotton quality was good last year, with staple up to 1-5/32 and mic above 40, but in the private sector, farmers usually produce cotton with a staple of 1-3/32 to 1-1/8.

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Cotton Consumption

Even those familiar with the Bangladeshi market were really surprised to see the import volume in Bangladesh this year. Last year, Bangladesh imported approximately 5 million bales, but this year approximately 3,160,300 bales have already been imported in five months, from January to May. According to this trend, Bangladesh could be on track to exceed 7.5 million bales this year. This is difficult to comprehend, but it is happening.

According to the information of the Bangladesh Textile Mills Association (BTMA), its members now have approximately 5.5 million spindles and 130,932 rotors. Currently, 18 mills are not in operation who have 380,456 spindles and 17,125 rotors. There are 23 spinning mills owned by the government and maintained by the Bangladesh Textile Mills Corporation (BTMC) for about 500,000 spindles.

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Last year, Bangladeshi spinners produced approximately 2,325 million pounds of yarn. In the public and private sectors, 45,000 looms produced 1,230.30 million meters of yarn. For the export-oriented and local market, 15,000 knitting and dying machines produced 2,100 million meters. There are approximately 500,000 handlooms running for fabric, and the total production was about 837 million meters in 2006. Exports of finished garments continues to grow, with 200 million dozen garments exported in 2006 and valued at $7.9 billion (USD). In 2007, the target export value is $9.496 billion.

Key Firms – Bangladesh

Spinning Mills

Nasheed Group: Delsey Cotton Spinning Mills Ltd, Naheed Cotton Spinning Mills Ltd, Naheed Composite Textile Mills Ltd
Contact: M.A. Waheed, Chairman
Address: Head Office – Bsrs Bhaban (12th Floor), 12 Kawran Bazar, Dhaka-1215, Bangladesh
Factory locations: Gorai, Mirzapur, Tagail
Phone: +880-2-9123142 / 9138186
Fax : +880-2-9138187
Installed Capacity: 238,460 spindles; 4,320 rotors

Jamuna Group: Jamuna Denims Ltd, Jamuna Spinning Mills Ltd, Shameem Composite Mills Ltd, Shameem Spinning Mills Ltd
Contact: Md. Shamim Islam, Managing Director
Address: Head Office – Sena Kalyan Bhaban (12th Floor), 195 Motijheel C/A,Dhaka-1000, Bangladesh
Factory locations: Shafipur, Gazipur
Telephone: +880-2-9566091-3
Fax: +880-2-9567444
Installed Capacity: 150,240 spindles; 2,808 rotors

Square Group: Square Spinning Ltd, Square Textiles Ltd, Square Yarns Ltd
Contact: Mr. Tapan Chowdhury, Chairman
Address: Head Office – Square Center, 48 Mohakhali C/A , Dhaka-1212, Bangladesh
Factory locations: Saradaganj, Kashimpur, Gazipur
Telephone: +880-2-8827729-38
Installed Capacity : 89,712 spindles; 3,960 rotors

Saiham Group: Saiham Textile Mills Ltd, Saiham Cotton Mills Ltd, Safko Spinning Mills Ltd
Contact: Mr. Syed Istiaq Ahmed or Mr. S.A.B.M.Humayun
Address: Head Office – House #43,Road #7,Block G, Banani, Dhaka-1212, Bangladesh
Factory locations: Saiham Nagar, Noyapara, Hobiganj
Telephone: +880-2-9873108 / 9872976
Installed Capacity: 80,400 spindles

Phoenix Group: Phoenix Spinning Mills Ltd, Rangdhanu
Spinning Mills Ltd, Palash Spinning Mills Ltd
Contact: Mr. Probir Kumar Saha, Managing Director
Address: Head Office – City Bhaban, 20-21 Bangabandhu
Avenue, 7th Floor, Dhaka-1000, Bangladesh
Factory locations: Ganakbari, Savar, Dhaka
Telephone: +880-2-9570140-1
Fax: +880-2-9551867
Installed Capacity: 75,000 spindles

Amber Cotton Mills Ltd.
Address: Sena Kalyan Bhaban (16th floor),195 Motijheel C/A, Dhaka – 1000, Bangladesh
Factory locations: Factory: Jangaliapara, Bhowal, Mirpur, Rajendrapur
Telephone: +880-2-955 0555
Fax: +880-2-9556515
Email: mail@partex.net
Installed Capacity: 74,852 spindles

Otto Spinning Ltd.
Contact: Abdul Wadud Siddique
Address: Sena Kalyan Bhaban (17th floor), 195 Motijheel C/A, Dhaka-1000, Bangladesh
Factory locations: Talihatti, Sreepur, Gazipur
Telephone: +880-2-9553370, 9560068, 7167896, 7167897
Fax: +880-2-9560136
Email: ottospin@bol-online.com
Installed capacity: 48,384 spindles

Logistics/Warehousing/Inspection Companies

Cargo Control Bangladesh PTE LTD.
Contact: Mian Ahmed Kibria, Managing Director
69, Dilkusha C/A (2nd floor), G.P.O. Box No. 716, Dhaka – 1000, Bangladesh
Telephone: +880-2-9563862
Fax: +880-2-9564453
Email: info@cargobd.com

IHS Inspection Services (BD) Ltd
Contact: Khandaker Golam Mostafa
Address: 66, Dilkusha C/A, 3rd floor, Dhaka-1000, Bangladesh
Telephone: +880-2-9570398, 9568886
Fax: +88-02-9568886
Email: ihsmd@ailonline.net

Royal Inspection International Ltd.
Contact: Sheikh Mohammad Ali, Managing Director
Address: Baitul Khair (3rd floor), 48/A-B Purana Paltan, Dhaka – 1000, Bangladesh
Telephone: +880-2-7176862, 7126126, 9553476
Fax: +880-2-9559351, 8114481
Email: royalone@bdcom.net / royalbd2007@rediffmail.com / royal@bdcom.com

Trading Companies

DSM Commodities
Contact: Deepok Kumar Baral
Baitul Abed, Room # 401, Floor # 04, 53 Purana Paltan, G.P.O Box # 2813, Dhaka-1000, Bangladesh
Telephone: +880-2-9557526
Fax: +880-2-9557526
Email: dsmc@citech.net, dsmcom@citech.net, dsmco@citech.net

Shaju International
Contact: Benzir Ahmed, CEO
Address: 106 Kazi Office Lane, Ground Floor, Boro Magbazar, Dhaka – 1217, Bangladesh
Telephone: +880-2-8319135 / 9359994
Fax: +880-2-9349871
Cell: +880-1711-538754
Email: benzir@shaju-cot.com
Website: www.shaju.cot.com

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