Home / Knowledge / News / Textiles / Import prices droop for leather & pertrochem products
Import prices droop for leather & pertrochem products
08
Apr '08
Statistics show that compared to December 2007, in January this year, prices of imports dropped by 0.3 percent.

While prices for imported goods from non-euro area decreased by 0.7 percent month-on-month, those from euro area remained the same as in December 2007.

Major factors affecting price change were supply and demand, quantity of imports, new contracts and market conditions.

For the ongoing year, reduction in import prices was registered in groups like leather and leather products (1.8 percent), watches and clocks (1.3 percent) and petroleum and furniture goods (0.9 percent).

However, import prices for apparel and furs among others, remained the same as in December 2007.

An increase in prices was seen in chemical, chemical products and man-made fibres (0.3 percent) as also in textiles (0.2 percent).

On an annual basis, import prices declined by 0.7 percent with prices of products from euro areas declining by 0.5 percent and non-euro area drooping by 1.0 percent.

Import prices for leather and leather products have continued to recede since January 2007 and in stark contrast to this, prices of apparels and fur have marked a considerable increase of 2.8 percent this year.

Must ReadView All

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Apparel/Garments | On 19th Jan 2017

Asahi Kasei to display sustainable fibre at trade shows

Asahi Kasei, specialty Japanese fibre producer, will be displaying...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search