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

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

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

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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