Home / Knowledge / News / Textiles / Hessian cloth & synthetic yarn prices decrease
Hessian cloth & synthetic yarn prices decrease
01
Aug '08
The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 19th July 2008 rose by 0.1 percent to 239.3 (Provisional) from 239.0 (Provisional) for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at 11.98 percent (Provisional) for the week ended 19/07/2008 (over 21/07/2007) as compared to 11.89 percent (Provisional) for the previous week. The annual rate of inflation stood at 4.65 percent as on 21/07/2007 i.e. a year ago.

The movement of the index for the various commodity groups is summarized below:-
1. PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 0.1 percent to 247.7 (Provisional) from 247.5 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

The index for 'Non-Food Articles' group declined marginally to 245.2 (Provisional) from 245.3 (Provisional) for the previous week due to lower prices of gingelly seed and rape & mustard seed (1% each). However, the prices of linseed (2%) and raw rubber (1%) moved up.

The annual rate of inflation, calculated on point to point basis, for 'Primary Articles' stood at 10.24 percent (Provisional) for the week ended 19/07/2008. It was 10.69 percent as on 21/07/2007 i.e. a year ago. .

2. FUEL, POWER, LIGHT & LUBRICANTS (Weight 14.23%)
The index for this major group remained unchanged at its previous week's level of 376.3 (Provisional).

3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.2 percent to 205.9 (Provisional) from 205.5 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

The index for 'Textiles' group rose by 0.9 percent to 140.9 (Provisional) from 139.6 (Provisional) for the previous week due to higher prices of cotton yarn-cones (3%) and cotton yarn-'hanks (2%). However, the prices of hessian & sacking bags and hessian cloth (2% each) and synthetic yarn (1%) declined.

The index for 'Basic Metals, Alloys & Metal Products' group rose marginally to 299.0 (Provisional) from 298.9 (Provisional) for the previous week due to higher prices of other iron steel (4%) and lead ingots (2%). However, the prices of zinc (4%) and zinc ingots (3%) declined.

The index for 'Machinery & Machine Tools' group rose by 0.1 percent to 175.2 (Provisional) from 175.0 (Provisional) for the previous week due to higher prices of power driven pumps (4%) and other electrical equipment & systems and boilers, its parts & accessories (1% each).

4. FINAL INDEX FOR THE WEEK ENDED 24th May 2008.
For the week ended 24/05/2008, the final wholesale price index for 'All Commodities' (Base: 1993-94=100) stood at 231.2 as compared to 229.8 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 8.90 percent as compared to 8.24 percent (Provisional) reported earlier vide press note dated 06/06/2008.

Click here to view more:

Press Information Bureau Government of India


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Urs Stalder
Sanitized AG

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search