Government Sets Soda Ash Import Price Cap

The government has imposed a minimum import price of Rs 20,108 per tonne on Disodium Carbonate (Soda Ash) until June 30, 2024. This measure affects key industries such as glass, chemicals, and detergents. The existing free import policy is scheduled to resume from July 1, 2025.

The government has announced a new regulation, imposing a minimum import price of Rs 20,108 per tonne on Disodium Carbonate, also known as Soda Ash. This move will remain in effect until June 30, 2024, as per a notification from the Directorate General of Foreign Trade (DGFT).

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 stabilizing 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.

(With inputs from agencies.)