Arrival of new Isabgol begins: Production low

19-Mar-2025 06:35 PM

Isabgol Market Update: Low Production, Stable Prices

Production Decline

• Rajasthan: Key producing state, accounting for 75-80% of national output, saw a 25-30% decline in sowing due to poor prices last year.
• Gujarat: Contributes 20-25%, also expecting lower production.
• Overall Production:
  • 2024: 38-40 lakh bags
  • 2023: 28-30 lakh bags
  • 2025 Estimate: 28-30 lakh bags

Current Prices & Trends

• Current Prices:
  • Rajasthan: ₹120-130/kg
  • Gujarat (Unjha Mandi): ₹125-140/kg
• Price Comparison:
  • Last year (same period): ₹165-175/kg
  • July 2023 Peak: ₹255-270/kg
• Market Outlook:
  • Prices may decline by ₹4-5/kg due to high stockpiles (7-8 lakh bags) from last year.
  • Further steep declines are unlikely as farmers may hold stock if prices remain too low.

Arrivals in Key Mandis

• Rajasthan:
  • Merta Mandi: 1000-1200 bags
  • Nagaur: 1200-1400 bags
  • Naukha Mandi: 700-800 bags
• Gujarat (Unjha Mandi): 3000 bags

Market Outlook

• Short-term Price Stability: Large arrivals in April-May will keep prices under pressure.
• Long-term Possibility of Recovery: Once arrivals slow down, prices may see improvement.

The current situation presents a buyer-friendly market, but farmers may limit sales if prices remain depressed.