Pulling together the 16 Oct 2026 mandi readings, Banana was quoted at ₹2,500 per quintal in Panipat APMC. See the full market-wise board to place this rate against the day's high and low.
01Key Drivers Behind Today's Banana Rate
Prices move with arrivals and buying mood, both of which differ market to market on any given day.
- Highest Recorded Price₹3,000
- Lowest Price Today₹2,000
- Average (Modal) Price₹2,500
- Reporting Mandis12
- Date16 Oct 2026
- CommodityBanana (Banana - Ripe)
02Today's Price, Placed in Its 30-Day Band
Here's where today's Banana rate lands within its recent low-to-high range.
At this level, Banana is about 4.6% below the period average, sitting just 28.6% short of the period high. The closer a rate runs to its recent ceiling, the stronger the underlying buying tends to be.
03How Other Mandis Compare Today
Here's how Banana rates stacked up across reporting markets on 16 Oct 2026. A clear leader usually anchors price expectations across nearby mandis.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 Melapalayam(Uzhavar Sandhai ) APMC Leader | ₹11,250 |
| 2 Ranipettai(Uzhavar Sandhai ) APMC | ₹11,000 |
| 3 Palayamkottai(Uzhavar Sandhai ) APMC | ₹10,750 |
| 4 Palani(Uzhavar Sandhai ) APMC | ₹10,000 |
| 5 Thanjavur(Uzhavar Sandhai ) APMC | ₹10,000 |
| 6 Denkanikottai(Uzhavar Sandhai ) APMC | ₹9,500 |
| 7 Viralimalai(Uzhavar Sandhai ) APMC | ₹9,500 |
| 8 Hosur(Uzhavar Sandhai ) APMC | ₹9,500 |
| 9 Anna nagar(Uzhavar Sandhai ) APMC | ₹9,000 |
| 10 Vellore RM APMC | ₹9,000 |
| 11 RSPuram(Uzhavar Sandhai ) APMC | ₹8,850 |
| 12 Taliparamba Market APMC | ₹8,800 |
04The Spread: Best vs Cheapest Yard
How far apart are the top and bottom yards today? That spread tells you how much choosing the right market is worth.
At ₹2,450 (27.8%), the spread is wide enough that where you sell Banana matters as much as when — net of freight and quality cuts.
05How Today Compares to the 30-Day Trend
Over the last 30 days, Banana prices at Panipat APMC ranged between ₹2,000 and ₹3,500, with the average around ₹2,621. A rate sitting near the top of this range points to firm demand, while a move toward the lower band suggests easing pressure.
06Recent Price History
| Date | High (₹) | Low (₹) | Average (₹) |
|---|---|---|---|
| 16 Oct | ₹3,000 | ₹2,000 | ₹2,500 |
| 15 Oct | ₹2,900 | ₹2,200 | ₹2,500 |
| 14 Oct | ₹2,800 | ₹2,200 | ₹2,500 |
| 12 Oct | ₹3,000 | ₹2,000 | ₹2,500 |
| 25 Sep | ₹3,000 | ₹2,000 | ₹2,500 |
| 23 Sep | ₹3,000 | ₹2,000 | ₹2,500 |
| 22 Sep | ₹3,000 | ₹2,000 | ₹2,500 |
| 21 Sep | ₹3,000 | ₹2,000 | ₹2,500 |
| 19 Sep | ₹3,000 | ₹2,000 | ₹2,500 |
| 18 Sep | ₹3,000 | ₹2,400 | ₹2,700 |
| 17 Sep | ₹3,000 | ₹2,000 | ₹2,500 |
| 16 Sep | ₹3,000 | ₹2,000 | ₹2,500 |
| 15 Sep | ₹3,000 | ₹2,000 | ₹2,500 |
| 14 Sep | ₹3,000 | ₹2,500 | ₹2,750 |
| 11 Sep | ₹3,000 | ₹2,400 | ₹2,700 |
| 10 Sep | ₹3,000 | ₹2,400 | ₹2,700 |
| 09 Sep | ₹3,100 | ₹2,500 | ₹2,800 |
| 08 Sep | ₹3,100 | ₹2,500 | ₹2,800 |
| 07 Sep | ₹3,100 | ₹2,500 | ₹2,800 |
| 05 Sep | ₹3,000 | ₹2,000 | ₹2,500 |
Reviewing the recent daily data helps confirm whether this position is part of an ongoing trend or a short-term move driven by selective buying.
07At a Glance
08What It Means If You're Selling
Going to the top Banana market makes sense, but remember the cost of transport, quality cuts, and that the rate may drop a bit by the time you reach.
09A Buyer's Angle
Buyers often read a persistent price leader as a demand signal, then time their purchases to supply swings.
10The Quick Read
To sum up, this was the Banana rate at Panipat APMC on 16 Oct 2026. The comparison table shows how it stacks up against other yards today.
Disclaimer: Prices are compiled from publicly available government mandi data (AGMARKNET / data.gov.in) and are for information only — not financial advice. Confirm the live rate at the mandi before trading.