;
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

Pakistan-Italy MoU to expand economic, trade cooperation

Textiles | On 14th Dec 2018

Pakistan-Italy MoU to expand economic, trade cooperation

Pakistan and Italy recently signed a memorandum of understanding...

South African parliament ratifies AfCFTA

Textiles | On 14th Dec 2018

South African parliament ratifies AfCFTA

The South African parliament recently ratified the agreement...

Jordan PM lays foundation stone for Chinese textile unit

Textiles | On 14th Dec 2018

Jordan PM lays foundation stone for Chinese textile unit

Jordanian Prime Minister Omar Razzaz recently laid the foundation...

Interviews View All

Nitin Bhatia, Trend Arrest

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Yash Agarwal, Hitansh Online

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Karan Behal,

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Vikas Banduke,

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Giulio Cesareo, Directa Plus SpA

Giulio Cesareo
Directa Plus SpA

Established in 2005, Direct Plus SpA, is one of the largest producers and...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

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

Leave your Comments


December 2018

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

news category


Related Categories:

Advanced Search