Avanti Feeds, Shrimp Stocks Rise Up to 9% on Optimism Around India–US Trade Deal

Shrimp Stocks Rally Up to 9% as India-US Trade Deal Optimism Lifts Market Sentiment

In a strong upward move for the seafood and aquaculture sector, shrimp stocks rallied sharply on November 19 after Union Commerce Minister Piyush Goyal expressed optimism about progress on the long-awaited India–US trade agreement. The upbeat commentary revived confidence in export-oriented companies, triggering a surge in stocks such as Avanti Feeds, Coastal Corporation and Apex Frozen Foods.

The Shrimp Stocks Rally comes at a crucial time for the industry, which has been under pressure in recent months due to US tariff hikes and demand uncertainty. Investor sentiment improved significantly as markets interpreted Goyal’s remarks as a sign that tariff-related bottlenecks for Indian exporters may soon ease.

Avanti Feeds, Coastal Corporation and Apex Frozen Foods Lead the Shrimp Stocks Rally

Shares of key shrimp-feed and seafood export companies surged between 5 percent and 9 percent in early trade.

• Apex Frozen Foods rose around 5 percent to ₹305.99 apiece.

• Coastal Corporation jumped over 9 percent.

• Avanti Feeds, a sector heavyweight, also gained more than 9 percent.

Market analysts said the rally reflects a renewed sense of confidence that tariff barriers in the US—the largest market for Indian shrimp exports—may be relaxed if trade negotiations move forward. The Shrimp Stocks Rally highlights how sensitive the sector remains to global trade policies and geopolitical developments.

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Piyush Goyal Signals “Good News Soon” on India-US Trade Deal

Speaking at the Indo-US Business Summit in New Delhi, Commerce Minister Piyush Goyal struck a positive note on the ongoing bilateral trade discussions. His comments suggested that both nations were moving closer to finalising a long-awaited agreement.

“Good news” on the proposed trade deal could be expected once negotiations reach a point that is “fair, equitable and balanced,” Goyal said, adding that India must protect its farmers, fishermen and small industries while ensuring a mutually beneficial agreement.

Goyal dismissed suggestions of a slowdown in New Delhi–Washington ties, stressing the strategic depth of the relationship. He pointed to the recently signed 10-year defence pact between India and the US, calling the partnership “comprehensive” and rooted in shared prosperity.

He also referenced a new LPG import deal worth 2.2 million tonnes annually, underscoring that cooperation between the two nations continues across multiple sectors.

US President Donald Trump has similarly reiterated on several occasions that the two nations are closing in on a trade agreement—adding further weight to the market’s optimism.

Why the Shrimp Stocks Rally Matters for Export-Oriented Companies

The latest surge comes after a difficult phase for Indian shrimp exporters. Earlier this year, the Trump administration raised tariffs on several categories of Indian imports to nearly 50 percent. The move was reportedly prompted by India’s continued purchase of Russian oil, which strained diplomatic and trade relations.

These higher duties had a direct bearing on shrimp companies, especially those deriving a large share of revenue from the US market. As a result, their stocks had corrected significantly over the past few months.

Now, the renewed hope of a trade deal—and the potential rollback of punitive tariffs—has put the sector back in focus. The Shrimp Stocks Rally reflects expectations that improved access to the American market will restore volume growth and profitability for these export-driven businesses.

China’s Ban on Japanese Seafood Further Boosts Export Prospects

Adding to the positive momentum, reports from Kyodo News and NHK indicated that China has notified Japan of a ban on all Japanese seafood imports. The decision comes amid growing diplomatic tensions following comments by Japanese Prime Minister Sanae Takaichi regarding Taiwan.

This development is significant for Indian shrimp companies, many of which also export to China. The ban on Japanese seafood is expected to open up additional demand avenues for Indian shrimp exporters.

With China being one of the world’s largest seafood consumers, the redirection of demand could offer meaningful upside. This anticipation contributed further to the Shrimp Stocks Rally, as investors priced in the possibility of higher export volumes to China.

Investor Confidence Strengthens as Global Dynamics Turn Favourable

The confluence of two major catalysts—progress on the India-US trade deal and China’s ban on Japanese seafood—has created a favourable macro environment for Indian shrimp exporters. Investors now expect the sector to see improved margins, stronger order flows and healthier exports over the coming quarters, provided policy developments unfold as anticipated.

While uncertainties still remain, the tone of the market has shifted decisively. With rising global demand potential and hopes of tariff relief, the Shrimp Stocks Rally signals renewed investor conviction in the long-term growth trajectory of India’s aquaculture and seafood export industry.

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