Index for textiles group up

14 Feb '11

2 min read

The official Wholesale Price Index for 'All Commodities' (Base: 2004-05=100) for the month of January, 2011 rose by 1.2 percent to 145.9 (Provisional) from 144.1 (Provisional) for the previous month.

The index for this major group rose by 0.8 percent to 151.3 (Provisional) from 150.1 (Provisional) for the previous month due to higher prices of light diesel oil (7%), aviation turbine fuel, petrol and naphtha (5% each), furnace oil (4%) and bitumen (1%). However, the prices of electricity (1%) declined.

The index for 'Textiles' group rose by 1.3 percent to 120.4 (Provisional) from 118.9 (Provisional) for the previous month due to higher prices of viscose staple fibre (9%), cotton yarn (unbleached) (5%), cotton yarn (bleached), gunny and hessian cloth and finished / processed cotton yarn (knitted) ( 4% each), cotton yarn (dyed) and polyester staple fibre (3% each), synthetic yarn (2%) and finished / processed cotton yarn (not knitted), jute sacking cloth, cotton cloth finished /processed, texturised and twisted yarn and cotton textiles dyed/printed (1% each). However, the prices of woollen yarn (5%), cotton towel cloth (4%) and coir mats & matting (2%) declined.

The index for 'Chemicals & Chemical Products' group rose by 0.6 percent to 124.2 (Provisional) from 123.5 (Provisional) for the previous month due to higher prices of turpentine oil (9%), hair dye (8%), non-cyclic compound (6%), synthetic resin (3%), petrochemical building blocks (2%) and aromatic chemicals, caustic soda & soda ash, washing powder, ink, additives, olio resin & gelatin, washing soap and organic solvent (1% each). However, the prices of thinner (5%), cypermethrin and carbon di-sulphide (3% each), chlorine (2%) and toilet soap, phenol or phenol extract, hair / body oils, sulphur & sulphur powder, fatty alcohol and shaving cream (1% each) declined.

The index for 'Machinery & Machine Tools' group rose by 0.2 percent to 121.4 (Provisional) from 121.1 (Provisional) for the previous month due to higher prices of UPS / stabilizer (8%), relay / contacter (6%), drilling machines (5%), material handling equipments, capacitors and harvester (4% each), coupling, ball/roller bearing, battery dry cells, lathes and meters / starter (non-electrical) (2% each) and air break switches/circuit breaker and electrical pumps (1% each). However, the prices of gear cutting machines and electrical stamping lamination (3% each) and textile machinery and other non electrical machinery (1% each) declined.

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