Psyllium is on hot topic now a days in Indian commodity.
local newspaper article on ‘Psyllium’.
The English translation is as under :-
Due to unseasonal rainfall during last two years, Psyllium stock remains nil.
Below is the table of Psyllium raw material pricing of last 7 years as follows :-
|Years||Rate as on dt: 23/10 (INR)||Rate as on 31/12 (INR)|
November is crop sowing period and since last two years rainfall is there, farmers
prefer other crop to sow rather than Psyllium.
Other crop includes Seasame, Fenugreek, Mustard, So if Psyllium prices are high than
only farmers will prefer Psyllium sowing otherwise this year Psyllium Crop will be less.
In last six months Psyllium price increased by INR 400 and still INR 300 expected to increase.