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Prices of woollen yarn & nylon filament yarn up

14 Jun '10
3 min read

The official Wholesale Price Index for 'All Commodities' (Base: 1993-94 = 100) for the month of May, 2010 rose by 1.7 percent to 258.1 (Provisional) from 253.7 (Provisional) for the previous month.

The annual rate of inflation, based on monthly WPI, stood at 10.16% (Provisional) for the month of May, 2010 (over May, 2009) as compared to 9.59 % (Provisional) for the previous month and 1.38% during the corresponding month of the previous year. Build up inflation in the financial year so far was 1.85% compared to a build up of 2.67% in the corresponding period of the previous year.

The index for 'Non-Food Articles' group rose by 10.5 percent to 283.1 (Provisional) from 256.1 (Provisional) for the previous month due to higher prices of sugarcane (50%), castor seed and raw silk (5% each), logs & timber (4%), raw cotton (3%), sunflower and copra (2% each) and raw jute, groundnut seed and mesta (1% each). However, the prices of fodder (10%), tobacco (2%) and niger seed, linseed, raw rubber, gingelly seed and cotton seed (1% each) declined.

The index for 'Textiles' group rose by 3.0 percent to 163.0 (Provisional) from 158.2 (Provisional) for the previous month due to higher prices of cotton grey drills & jeans and terry cotton shirting (11% each), cotton knitted garments and cotton grey cloth (others) (10% each), polyester yarn (8%), cotton yarn-hanks (7%), synthetic yarn (5%), other cotton yarn (4%), dhoties, sarees & voils and polyester staple fibre (3% each), woollen cloth, woollen yarn and nylon filament yarn (2% each) and cotton yarn-cones and viscose filament yarn (1% each). However, the prices of texturised yarn (8%) and hessian cloth (4%) declined.

The index for 'Leather & Leather Products' group rose by 1.0 percent to 166.0 (Provisional) from 164.4 (Provisional) for the previous month due to higher prices of footwear western type (1%).

The index for 'Chemicals & Chemical Products' group rose by 1.6 percent to 236.5 (Provisional) from 232.8 (Provisional) for the previous month due to higher prices of carbon black (21%), urea n_content (6%), calcium ammonium nitrate n-content and di_ammonium phosphate n-content (5% each), complex fertilizers-npk content and endosulfan (4% each), hair oil, liquid chlorine, liquid oral other than vitamins and benzene (3% each), acid (all kinds), varnishes, caustic soda and polystyrene (2% each) and oxygen, titanium dioxide, resins (all kinds), enamels, soda ash and monocrotophos (1% each). However, the prices of other fertilizers (4%), ammonium sulphate n_content (2%) and complex fertilizer n_content and purified terephthalic acid (pta) (1% each) declined.

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