Although the Indian Isabgol industry is yet to get organized, market sources assume India is the largest exporter of the Isabgol husk with a contribution of more than 85% of global consumption. However, despite having near monopoly in this medicinal agricultural produce, Indian growers as well as exporters are often exposed to volatility in prices due to various internal and external factors, raising the need for a tool that may provide opportunities in price risk management in the commodity.