Rice Stocks Reel: US Tariff Threat Slams LT Foods, Kohinoor & KRBL!

Indian rice exporting stocks faced sharp pressure in early trade on December 9, 2025, as LT Foods, Kohinoor Foods, and KRBL declined 2-3.6% following reports of potential new US tariffs. The US, a key market for premium basmati rice, accounts for significant export revenues, making these firms highly sensitive to policy shifts under the current administration.

Investors fear renewed duties could mirror past restrictions, squeezing margins already hit by global supply dynamics and domestic costs. The development adds to sector woes, with broader agri-exports under scrutiny amid protectionist signals from Washington.

Market breadth turned negative in food processing, as FIIs trimmed positions ahead of clarity on tariff scope.

Key Highlights

LT Foods: Down ~2.5%, from recent highs around ₹396.

Kohinoor Foods: Slid 3.2%, trading near ₹27 levels.

KRBL: Worst hit at 3.6% lower, around ₹381 mark.

Tariff Trigger: US President hints at broader import curbs, targeting agri goods.

Export Exposure: US absorbs 30-40% of these firms' basmati shipments.

Trade watchers eye official announcements—could spark further volatility or bargain buys.

Sources: Moneycontrol, Economic Times, NSE India