By Sheetal Kumari | March 3, 2025
MC Desk | August 25, 2025
Shares of paper firms surged up to 17% on August 25 after govt imposed a Minimum Import Price (MIP) on Virgin Multi-layer Paper Board (VMPB).
(Image: Canva)
Tamilnadu Newsprint and Papers Ltd (TNPL) jumped 17% to Rs 179.90, reversing two days of decline.
(Image: Canva)
JK Paper rallied 15% after four straight sessions of losses.
(Image: Canva)
West Coast Paper Mills soared 13.71%, Orient Paper rose 8.16%, while Andhra Paper and Malu Paper gained up to 12%.
(Image: Canva)
The DGFT said the MIP will stay in force till March 31, 2026, ensuring long-term relief for local producers.
(Image: Canva)
MIP fixes a floor price for imports, making low-cost foreign supplies more expensive and less competitive.
(Image: Canva)
Indian paper makers have long flagged cheap imports from Indonesia and China as a threat to domestic business.
(Image: Canva)
The Indian Paper Manufacturers Association had in June sought an anti-dumping probe against Indonesian imports.
(Image: Canva)
VMPB is used in packaging for FMCG, pharma, food, beverages, electronics, liquor, cosmetics, and publishing.
(Image: Canva)
Moneycontrol advises users to check with certified experts before taking any investment decisions.
(Image: Canva)