Tata Chemicals, GHCL shares rise up to 6% as govt announces minimum import price for soda ash

Tata Chemicals, GHCL shares rise up to 6% as govt announces minimum import price for soda ash

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26 Aug, 2025 12:21

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Shares of Tata Chemicals Ltd, Gujarat Heavy Chemicals Ltd rose on December 31 as government announced minimum import price for soda ash.

In a notification, Directorate General of Foreign Trade said the import policy for soda ash has been changed from 'Free' to 'Restricted' and that minimum import price is Rs 20,108/MT.

The scheme will be effective till June 30, 2025, said DGFT.

At 1:10 pm on December 31, GHCL shares on NSE were trading 6% higher at Rs 717 apiece while the shares of Tata Chemicals on NSE were trading 2% higher at Rs 1,061 apiece.

Soda ash is a crucial component in several industries, with significant applications in glass manufacturing, chemical production, and the detergent industry. The government's intervention is aimed at stabilising the domestic market and supporting local producers.

Furthermore, the notification stated that the current free import policy would resume on July 1, 2025, barring any subsequent amendments. This development impacts multiple sectors relying on imported soda ash.