In the day's wholesale-price digest for 16 Aug 2026, Banana was quoted at ₹120 per quintal in Omalloor Market APMC. The price-position and spread sections below place this rate in its wider context.
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₹150
- Lowest Price Today₹90
- Average (Modal) Price₹120
- Reporting Mandis12
- Date16 Aug 2026
- CommodityBanana (Palayamthodan)
02Where Today's Rate Sits in the Range
Here's where today's Banana rate lands within its recent low-to-high range.
Right now Banana is about 81.0% below the period average — just 94.0% short of the period high. Holding near the top of the range is typically a sign of genuine strength, not a stray quote.
03How Other Mandis Compare Today
Here's how Banana rates stacked up across reporting markets on 16 Aug 2026. A clear leader usually anchors price expectations across nearby mandis.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 Ranipettai(Uzhavar Sandhai ) APMC Leader | ₹10,000 |
| 2 Melapalayam(Uzhavar Sandhai ) APMC | ₹9,500 |
| 3 Palayamkottai(Uzhavar Sandhai ) APMC | ₹9,500 |
| 4 Anna nagar(Uzhavar Sandhai ) APMC | ₹9,000 |
| 5 Gudiyatham(Uzhavar Sandhai ) APMC | ₹9,000 |
| 6 NGO Colony(Uzhavar Sandhai ) APMC | ₹9,000 |
| 7 Guduvancheri(Uzhavar Sandhai ) APMC | ₹8,500 |
| 8 Jameenrayapettai(Uzhavar Sandhai ) APMC | ₹8,500 |
| 9 Nanganallur(Uzhavar Sandhai ) APMC | ₹8,500 |
| 10 Vellore APMC | ₹8,500 |
| 11 Hosur(Uzhavar Sandhai ) APMC | ₹8,500 |
| 12 Dindigul(Uzhavar Sandhai ) APMC | ₹8,500 |
04The Spread: Best vs Cheapest Yard
The distance between the best- and lowest-paying mandi is the day's real opportunity for Banana.
That ₹1,500 (17.6%) difference is the day's opportunity: the same Banana fetched noticeably more at the top yard than at the softest one.
0530-Day Price Trend at a Glance
Over the last 30 days, Banana prices at Omalloor Market APMC ranged between ₹90 and ₹2,000, with the average around ₹631. Comparing today against this recent band helps separate a genuine trend from a short-lived, selective-buying spike.
06Recent Price History
| Date | High (₹) | Low (₹) | Average (₹) |
|---|---|---|---|
| 16 Aug | ₹150 | ₹90 | ₹120 |
| 15 Aug | ₹160 | ₹90 | ₹110 |
| 14 Aug | ₹170 | ₹90 | ₹150 |
| 13 Aug | ₹160 | ₹95 | ₹130 |
| 12 Aug | ₹185 | ₹100 | ₹150 |
| 11 Aug | ₹200 | ₹150 | ₹180 |
| 09 Aug | ₹210 | ₹150 | ₹190 |
| 08 Aug | ₹220 | ₹180 | ₹200 |
| 07 Aug | ₹240 | ₹180 | ₹200 |
| 06 Aug | ₹250 | ₹180 | ₹200 |
| 04 Aug | ₹300 | ₹200 | ₹250 |
| 03 Aug | ₹300 | ₹200 | ₹250 |
| 02 Aug | ₹300 | ₹200 | ₹250 |
| 01 Aug | ₹350 | ₹200 | ₹250 |
| 30 Jul | ₹350 | ₹250 | ₹300 |
| 29 Jul | ₹400 | ₹300 | ₹350 |
| 28 Jul | ₹400 | ₹300 | ₹350 |
| 27 Jul | ₹420 | ₹300 | ₹400 |
| 26 Jul | ₹450 | ₹300 | ₹400 |
| 25 Jul | ₹450 | ₹300 | ₹350 |
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
Before carting Banana to a higher-paying yard, weigh the transport cost, grading norms, and how the rate might shift by the time you reach the gate.
09A Buyer's Angle
Buyers tend to treat a reliably high yard as the benchmark, then work their nearby purchases around it.
10The Quick Read
In short, Banana changed hands at this rate in Omalloor Market APMC on 16 Aug 2026. See the full market-wise table for the day's high, low and average.
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.