Prices of cotton yarn-cones & cotton yarn-hanks up

06 Aug '09

2 min read

The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the week ended 25th July, 2009 rose by 0.04 percent to 236.9 (Provisional) from 236.8 (Provisional)
for the previous week.

The annual rate of inflation, calculated on point to point basis, stood at -1.58 percent(Provisional) for the week ended 25/07/2009 (over 26/07/2008) as compared to -1.54 percent (Provisional) for the previous week (ended 18/07/2009) and 12.53 percent during the corresponding week (ended 26/07/2008) of the previous year.

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 0.4 percent to 262.2 (Provisional) from 261.1 (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 by 0.4 percent to 241.5 (Provisional)from 242.5 (Provisional) for the previous week due to lower prices of raw wool (11%), soyabean (5%) and niger seed (1%). However, the prices of raw silk (4%) and raw rubber (1%) moved up

2. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group declined by 0.1 percent to 205.6 (Provisional) from 205.7 (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 0.1 percent to 143.6 (Provisional) from 143.4 (Provisional) for the previous week due to higher prices of cotton yarn-cones (4%) and cotton yarn-hanks (1%). However, the prices of synthetic yarn and hessian cloth (4% each) and texturised yarn and polyester staple fibre (3% each) declined.

3. FINAL INDEX FOR THE WEEK ENDED 30th May 2009
For the week ended 30/05/2009, the final wholesale price index for 'All Commodities'(Base:1993-94=100) stood at 234.4 as compared to 232.6 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at 0.90 percent as compared to 0.13 percent (Provisional) reported earlier vide press note dated 12/06/2009.

For Details click here.

Press Information Bureau

More Ministry of Commerce & Industry News... More Textiles News - India...