Isabgol Prices Remain Weak Despite Lower Production

25-Apr-2025 06:52 PM

New Delhi, April 2025 – Despite lower production estimates this season, Isabgol (psyllium husk) prices continue to remain under pressure due to the steady arrival of new crop in the markets. The ongoing downtrend is attributed to supply pressure, even as arrivals have started to decline in recent days.

Earlier, I Grain India had predicted a likely dip in April prices due to market arrivals in its March 19 issue. At that time, prices were reported at Rs. 120–Rs. 130 per kg in Rajasthan and Rs. 125–Rs. 140 in Unjha Mandi. Currently, prices have slipped to Rs. 115–Rs. 125 in Rajasthan and Rs. 120–Rs. 135 in Unjha.

No Price Rally in Sight Yet

Sources indicate that a price increase is not expected in the immediate future, though the downtrend may soon stabilize. Farmers are holding back stock due to lower prices, resulting in reduced daily arrivals in key mandis. For instance, Nagaur and Merta Mandis, which saw arrivals of 8,000–10,000 bags a week ago, are now receiving just 4,000–5,000 bags. Similarly, arrivals in Unjha Mandi have fallen to 17,000–18,000 bags, down from 24,000–25,000 earlier.

Analysts suggest that if prices improve slightly, farmers may release more stock, keeping the market range-bound for now. A modest recovery of Rs. 5–Rs. 8 per kg is expected during May.

Lower Output This Season

Due to last year's record harvest, farmers received unfavorable prices, discouraging sowing this year. Consequently, Isabgol acreage declined, and production is now estimated at 28–30 lakh bags, compared to 38–40 lakh bags last year.

Although current prices remain subdued, the tight supply outlook could provide upward support in the medium term once arrivals taper further.