India's paper makers rise as government imposes minimum import price

Pakka

25/08/2025 06:30

** Shares of Indian paper companies rise after government move to impose a minimum import price on virgin multi-layered paper board

** Virgin multi-layered paper board is a type of paper used to make paper bags and corrugated boxes

** Government will impose minimum import price of 67,220 rupees ($768.71) per metric ton till March 31, 2026

** Domestic paper makers have been facing a double whammy of higher wood prices — a key raw material — and lower-priced imports in recent quarters

** Domestic paper firms rise on the news

** JK Paper JKPA.NS jumps 14.6%, Emami Paper mills EMAP.NS up 13%, West Coast Paper Mills WSTC.NS gains 12%, Pakka limited PAKK.NS up 6%

** Shares of Andhra Paper ANDA.NS rise 9.5%, Orient Paper and Industries ORPP.NS up 7.5% and Seshasayee Paper SSHA.NS gains 8%

($1 = 87.4450 Indian rupees)

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))