Question : PRICES OF MAN MADE FIBRE

(a) whether the textile industry is not getting artificial and synthetic fibres at international prices ;

(b) if so, the steps proposed to be taken to meet the situation; and

(c) the impact of disparity in the domestic prices and international prices of man-made fibres on the blended yarn spinning industry in the country ?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF TEXTILES (SHRI E.V.K.S. ELANGOVAN)

(a) : The domestic & International prices of synthetic fibre for the period January 06 to October 06 are as under:



Â (Rs. / Kg.)
Period	ASF (3D)	PSF (1.2 D)	VSF (Standard)	Domestic International Domestic International	Domestic International
Jan-06	86.25	104.7	76.83	65.02	90.73	110.86
Feb-06	81.75	106.19	77.12	65.46	90.73	N.A.
Mar-06	88.25	106.56	71.39	64.05	84.36	91.69
Apr-06	88.25	107.67	67.60	63.32	85.99	91.61
May-06	88.25	110.47	69.76	67.63	85.99	102.89
Jun-06	88.25	N.A.	71.84	N.A.	85.99	N.A.
Jul-06	112.25	N.A.	75.17	N.A.	91.40	N.A.
Aug-06	112.25	N.A.	75.17	N.A.	91.40	N.A.
Sep-06	112.25	N.A.	86.26	N.A.	91.40	N.A.
Oct-06	112.25	N.A.	81.93	N.A.	97.88	N.A.

Note : Domestic prices are inclusive of basic plus excise duty. International prices are the landed prices, which include cost, insurance, freight, BCD, CVD, Special CVD and Educational Cess. Â

(Source : Domestic Price - Tecoya trend, Manufacturers and DGCIS.

International price â€“ ASFI â€“ Year Book â€“ 2005-06.)

The above statement shows that domestic prices of Polyester Staple Fibre (PSF), which is consumed as the main raw material in the textile industry, have been slightly higher compared to international prices.

(b)&(c): The Government is examining the impact, if any, of disparity in the domestic prices and international prices of manmade fibres and whether there is a need for further Government intervention in this regard.

Question : PRICES OF MAN MADE FIBRE

Answer given by the minister

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