Caustic Soda Prices

Miners body urges govt not to impose anti-dumping duty on caustic soda

Aluminium industry is one of the major consumers of caustic soda in the country

In focus: Mangalam organics hits 52-week high, Gujarat Alkalies leaps 10%

Chemical stocks jumped after the government extended anti-dumping duty on imports of caustic soda from China and Korea till November 2020 to guard domestic manufacturers

Govt extends anti-dumping duty on caustic soda from China, Korea for 3 mths

In international trade parlance, dumping happens when a country or a firm exports an item at a price lower than the price of that product in its domestic market

Aluminium firms seek cut in input duties as production costs, imports swell

Industry is dogged by inverted duty structure. While calcined petroleum coke import suffers 10%, finished aluminium attracts 7.5% duty. Caustic soda lye import is taxed at 7.5% versus 5% on alumina

Caustic soda price spikes on closure of manufacturing plants abroad

Chlorine prices have improved to negative of Rs 2,000-3,000 a tonne due to healthy demand