Prices of PSF & cotton yarn-cones up

15 Feb '10

3 min read

The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the month of January,2010 rose by 0.8 percent to 248.5 (Provisional) from 246.5 (Provisional) for the previous month.

INFLATION
The annual rate of inflation, based on monthly WPI, stood at 8.56%(Provisional) for the month of January, 2010 (over January, 2009) as compared to 7.31 % (Provisional) for the previous month and 4.95% during the corresponding month of the previous year. Build up inflation in the financial year so far was 8.90% compared to a build up of 1.51% in the corresponding period of the previous year.

The movement of the index for the various commodity groups is summarized below:-
PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 0.2 percent to 284.7 (Provisional) from 284.1 (Provisional) for the previous month.

The groups and items for which the index showed variations during the month are as follows:-

The index for 'Non-Food Articles' group rose by 2.7 percent to 256.3 (Provisional) from 249.5 (Provisional) for the previous month due to higher prices of soyabean (16%), mesta (15%), niger seed (8%), tobacco and sunflower (7% each), gingelly seed (6%), raw rubber and raw silk (3% each), fodder and sugarcane (2% each) and raw cotton, rape & mustard seed, cotton seed and groundnut seed (1% each). However, the prices of skins (raw) and castor seed (4% each) declined.

MANUFACTURED PRODUCTS (Weight 63.75%)
The index for this major group rose by 0.7 percent to 213.0 (Provisional) from 211.5 (Provisional) for the previous month.The groups and items for which the index showed variations during the month are as follows:-

MANUFACTURED PRODUCTS (Weight 63.75%)
The index for 'Textiles' group rose by 2.4 percent to 153.2 (Provisional) from 149.6 (Provisional) for the previous month due to higher prices of cotton yarn-hanks (8%), woollen yarn(6%), polyester staple fibre and cotton yarn-cones (3% each), texturised yarn (2%) and miscellaneous cotton cloth (1%).

The index for 'Leather & Leather Products' group declined by 0.2 percent to 165.8 (Provisional) from 166.2 (Provisional) for the previous month due to marginal fall in prices of footwear western type.

The index for 'Chemicals & Chemical Products' group rose by 0.5 percent to 230.5 (Provisional) from 229.3 (Provisional) for the previous month due to higher prices of benzene and liquid injectables other than vitamins (10% each),ointments (9%), p.v.c. resins (5%),varnishes and acid (all kinds) (4% each), synthetic rubber, tablets except vitamin & penicillin, purified terephthalic acid (pta) and titanium dioxide (2% each), vitamin tablets (1%). However, the prices of epoxy resins (8 %), liquid chlorine and caustic soda (sodium hydroxide) (4% each), carbon black and soda ash (sodium carbonate) (3% each), calcium ammonium nitrate n-content (2%) and bopp film and paints (1 % each) declined.

For Index numbers of wholesale prices in India click here.

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