Isabgol production reduced: But not yet rapid

07-Mar-2025 06:40 PM

The article discusses a decrease in Isabgol production in India during the current season after two years of increasing production. Here's a summary of the key points:

  1. Production Trends:

    • Rajasthan is the leading producer of Isabgol, contributing about 75-80% of the total production, while Gujarat contributes 15-20%.
    • The production of Isabgol saw a significant rise from 24-25 lakh bags in 2022 to 28-30 lakh bags in 2023. In 2024, a record production of 38-40 lakh bags was reached.
    • However, due to low prices in the previous season, the production for the current season is expected to decrease to 28-30 lakh bags, about 10 lakh bags less than last year.

  2. Price and Market Impact:

    • The price of Isabgol saw a rise in 2023, reaching Rs 25,500-27,000 per quintal in July, which led to an increase in sowing for the 2024 season.
    • Despite the decrease in production, the price of Isabgol has remained stable, with minor fluctuations observed in February and early March.
    • The price of new Isabgol (2024 crop) is currently Rs 4511 per 20 kg, while the price of old Isabgol (2023 crop) ranges from Rs 2300 to Rs 2800 per 20 kg.

  3. Market Outlook:

    • The arrival of new Isabgol in markets like Unjha Mandi has started, but old stock is still in circulation, which is expected to prevent significant price increases in the short term.
    • It is expected that the prices might fall by Rs 400-500 per quintal with an increase in new crop arrivals, particularly in April.
    • The old stock in Rajasthan's markets is estimated to be around 7-8 lakh bags, which will likely keep prices from rising.

  4. Production Outlook:

    • The overall production of Isabgol in the current season is weaker, but due to last year's record production, the outstanding stock is considered sufficient to meet demand.
    • Experts believe that prices could improve later when the arrival of new Isabgol decreases, but for now, prices remain stable.

This indicates a complex market situation where the production drop hasn't yet significantly impacted prices, but future price changes will be influenced by the balance between new crop arrivals and existing stock levels.

Latest News