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The market value of Psyllium Husk has increased in the domestic market of India in early January of ****. The increase in the domestic demand was structured and strategic rather than speculative. The buyers of Psyllium Husk have maintained consistent procurement volumes. The procurers wanted to align their purchases with the operational requirement rather than opportunistic stocking. The steady procurement pattern was amplified by the winter driven demand from the animal feed segments. The consumption of Psyllium Husk typically increases in colder months. The sustained offtake has absorbed the inventories at a fast pace which has tightened the spot availability in the market. The disciplined inventory management and higher procurement volumes have pushed the price of Psyllium Husk.
The market value of Psyllium Husk *** Ex-Gujarat was recorded at USD *,*** per tonne in January of **** and registered an increase of *.**. The...
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