Home / Knowledge / News / Textiles / Index of cotton in 'Non-Food Articles' group grows by 2%

Index of cotton in 'Non-Food Articles' group grows by 2%

24
Sep '09
The official Wholesale Price Index for 'All Commodities'(Base: 1993-94 = 100) for the week ended 12th September 2009 rose by 0.2 percent to 242.6 (Provisional) from 242.0 (Provisional) for the previous week.

1. INFLATION
The annual rate of inflation, calculated on point to point basis, stood at 0.37 percent (provisional)for the week ended 12/09/2009 over (13/09/2008) as compared to 0.12 percent (Provisional) for the previous week (ended 05/09/2009) and 12.42 percent during the corresponding week (ended 13/09/2008) of the previous year. Build up inflation in the financial year so far was 6.12% compared to a build up of 6.62% in the corresponding period of the previous year. 52 week average inflation for the week ended 12/09/2009 was 3.22%.

2. PRIMARY ARTICLES (Weight 22.02%)
The index for this major group rose by 0.2 percent to 275.3 (Provisional) from 274.7 (Provisional) for the previous week. The groups and items for which the index showed variations during the week are as follows:-

The index for 'Non-Food Articles' group rose by 0.5 percent to 239.8 (Provisional) from 238.7(Provisional) for the previous week due to higher prices of groundnut seed (6%), gingelly seed and fodder (2% each) and raw silk and soyabean (1% each). However, the prices of tobacco (3%), rape & mustard seed and raw cotton (2% each) and raw rubber, copra, cotton seed, castor seed and linseed (1% each) declined.

3. MANUFACTURED PRODUCTS (Weight 63.75%)
The index for 'Chemicals & Chemical Products' group declined by 0.1 percent to 229.1 (Provisional) from 229.3 (Provisional) for the previous week due to lower prices of caustic soda (sodium hydroxide) and purified terephthalic acid (pta) (3% each).

The index for 'Machinery & Machine Tools' group rose by 0.5 percent to 173.3 (Provisional) from 172.4 (Provisional) for the previous week due to higher prices of other cables (11%), rubber insulated cables (7%), carding machine (4%), p.v.c. insulated cables and enameled copper wires (3% each) and other textile machinery (2%). However, the prices of ring spinning & doubling frames (4%), boilers, its parts & accessories (2%) and textile machinery parts (1%) declined.

4. FINAL INDEX FOR THE WEEK ENDED 18th July 2009
For the week ended 18/07/2009, the final wholesale price index for 'All Commodities'(Base:1993-94=100) stood at 239.2 as compared to 236.8 (Provisional) and annual rate of inflation based on final index, calculated on point to point basis, stood at -0.54 percent as compared to -1.54 percent(Provisional) reported earlier vide press note dated 30/07/2009.

For more detials click here.

Press Information Bureau


Must ReadView All

Pic: Shutterstock

Textiles | On 20th Oct 2020

US, Brazil update agreement on trade, economic cooperation

The United States and Brazil yesterday signed a new protocol relating ...

Pic: Shutterstock

Textiles | On 20th Oct 2020

China building more competitive mulberry silk industry

China is striving to build a more competitive mulberry silk industry...

Pic: Shutterstock

Textiles | On 20th Oct 2020

CBN invests N120 bn to revive Nigeria's textile sector

The Central Bank of Nigeria (CBN) recently said it had invested over...

Interviews View All

Dharmendra Shah, Ozone PB Spintex Limited

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Top executives, Textile industry

Top executives
Textile industry

Customised t-shirts is not a fad

Milind Khandwe, Hindoostan Innovation Centre

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Lukas Hartmann,

Lukas Hartmann

Intex Consulting GmbH is a completely integrated enterprise resource...

Anupam Arya,

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Atul Mittal,

Atul Mittal

Established in 1997, Pratibha Syntex produces over 60 million pieces of...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

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


October 2020

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


Advanced Search