We are talking about soda ash. Soda prices in China have reached a one-month high. After this news, GHCL shares jumped 3 percent, Tata Chemicals shares jumped 2 percent, DCW shares jumped 3 percent. At the same time, 15 days ago, the Government of India made a big announcement regarding soda ash on 31 December 2024. The government imposed a minimum import price on SODA ASH. The minimum import price on SODA ASH is now ₹ 20,108 / MT. Experts say that this decision is very big for the companies. Because these companies make soda ash. Especially Tata Chemicals, DCW can get simple benefits.

At the same time, the effect of the news coming from China is also visible on the shares.  Soda ash prices in China have reached a one-month high. In such a situation, prices are expected to increase in the domestic and global market.

These three companies make soda ash
GHCL (Gujarat Heavy Chemicals Limited)
Tata Chemicals
Nirma Limited

Let us tell you what soda ash is and how it affects the companies - Soda ash, also known as Sodium Carbonate. It is a white, water-soluble powder and is widely used in industry and domestic use.

Light Soda Ash - It is light and low density. Mainly used in detergents, glass, and chemicals. Dense Soda Ash - It is high density and large particles. Used more in glass and industrial processes. Use of Soda Ash - Glass Industry - The biggest use of soda ash is in making glass. It helps in increasing the stability and shine of glass. Detergent and cleaning products- Soda ash is used as the main ingredient in detergents and cleaning products. It helps in softening water and removing dirt. Chemical industry- It is used in making various chemicals like sodium bicarbonate (baking soda) and sodium silicate. Paper and pulp industry- Soda ash is used in the paper making process. Water treatment- It is used to increase the pH level of water and reduce the hardness of water. Food industry- Soda ash is used as an acid neutralizer in some food products. Other uses- It is also used in soap manufacturing, textile dyeing, and metal production.