ERODE: In a sense the screen printing industry here is on a par with Indian aviation.
The costs of aviation turbine fuel (ATF), airline fuel, and mineral turpentine, used with dyes on fabrics, are almost the same.
The price of a litre of mineral turpentine, as of June 2008, is nearly Rs. 75.
And, the cost of a litre of ATF, according to Indian Oil, is Rs. 72.36.
Screen printers say the cost of turpentine has skyrocketed in the last 12 month, and has almost doubled.
In May 2007 the price stood at Rs. 38.95 a litre.
The printers in the region attribute the price escalation to the rise in crude oil prices in the international market.
This is because mineral turpentine, like fuels, is obtained from crude oil.