Slow start for cattle traders ahead of Eid ul-Adha weekend
Although cattle markets in the capital are already experiencing a glut of sacrificial animals, sales are yet to gain any momentum due to a low turnout of customers.
Traders were pinning their hopes on making brisk business today as it is a public holiday.
Customers, however, complained that the traders were demanding higher prices for the cattle than last year.
Traders said they had earned hefty profits last year as there was a huge shortage of sacrificial animals just before eid day. This encouraged them to bring in much more cattle this year.
The situation was completely different in 2010 when the traders incurred a huge loss.
Traders blamed high purchase prices of the cattle from local markets and increased prices of cattle food for the high prices of sacrificial animals this year, traders would not be able to sell the cows at comparatively lower prices as that would leave them suffering from losses.