After spending around 90 crores, traders wearing clips are in the market after not getting the price
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Rudraksh traders who clipped the Rudraksh grain and made thepcho shape by trusting the Chinese trader who fetched a high price are now in trouble. Rudraksh traders used to buy plants from local farmers and sell them in bulk to Indian and Chinese traders.
Such traders used plastic clips on the Rudraksh plants purchased from the locals and bought from Chinese traders. Indian traders do not like thepcho sized rudraksha and Chinese traders do not give the price as they say, they are now in trouble.
Manoj Katuwal, a central member of the Rudraksh Sangh, accused the Chinese businessman of selling clips to buy Rudraksh. He said, "They tricked the locals by trading only clips saying that the price of thepcho-sized Rudraksh is high." He said that even though the estimated investment is more than 900 million in the clip alone, the price of Rudraksh has decreased by more than 50 percent due to wearing the clip.
According to Rudraksh businessman Rajeev Shrestha, locals bought clips from a Chinese trader who arrived at the headquarter for 30 rupees per clip saying that the price was too high. He said that when he buys such a clip and puts it on each grain, it costs about 60 rupees, including the labor costs. He said, "Now Indians don't buy Tepcho Rudraksh and Chinese traders don't ask for more than 15 to 20 rupees per Rudraksh. According to the locals, Indian traders don't like Rudraksh that has been cut by distorting its natural shape.
In the past years, after the Chinese merchants used plastic clips and liked Thepcho Rudraksh, most of the locals started using clips. After wearing a plastic clip for 10 to 15 days, the shape of Rudraksha becomes round. But this practice has become a trap for the locals. According to Rajeev, now more than 300 local people are in trouble because they are not able to sell Rudraksh with clip produced by them.
Dalindra Rai, a local farmer who traded 1.5 million worth of rudraksha last year, said that Kanthe, Hussain and other varieties of rudraksha were clipped and because of this they were in trouble. He said that he clipped an attractive and good rudraksha bead, but he got upset when the bead with the same clip was not sold.
