In the latest market update for 02 Nov 2026, Banana was quoted at ₹2,500 per quintal in Sheopurkalan (F&V) APMC. Below you'll find how this compares with other markets and how the rate has moved lately.
01Key Drivers Behind Today's Banana Rate
What a mandi pays on the day comes down to how much Banana arrived and how keen the buyers were — both shift from yard to yard.
- Highest Recorded Price₹2,500
- Lowest Price Today₹2,500
- Average (Modal) Price₹2,500
- Reporting Mandis12
- Date02 Nov 2026
- CommodityBanana (Other)
02How Strong Is Today's Rate, Really
Today's modal rate sits in the This Week band like this — a quick read of how much strength is behind the current price.
At this level, Banana is about 9.7% above the period average, sitting right at 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 02 Nov 2026. A clear leader usually anchors price expectations across nearby mandis.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 Palayamkottai(Uzhavar Sandhai ) APMC Leader | ₹11,500 |
| 2 Melapalayam(Uzhavar Sandhai ) APMC | ₹11,250 |
| 3 Ranipettai(Uzhavar Sandhai ) APMC | ₹11,000 |
| 4 Hosur(Uzhavar Sandhai ) APMC | ₹10,000 |
| 5 Denkanikottai(Uzhavar Sandhai ) APMC | ₹9,500 |
| 6 Pudukottai(Uzhavar Sandhai ) APMC | ₹9,500 |
| 7 Vellore RM APMC | ₹9,000 |
| 8 Taliparamba Market APMC | ₹9,000 |
| 9 Anna nagar(Uzhavar Sandhai ) APMC | ₹9,000 |
| 10 Ponnamaravathi(Uzhavar Sandhai) APMC | ₹8,750 |
| 11 A.Jattihalli(Uzhavar Sandhai ) APMC | ₹8,500 |
| 12 Jameenrayapettai(Uzhavar Sandhai ) APMC | ₹8,500 |
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.
A spread of ₹3,000 (35.3%) across reporting yards means a seller near a higher-paying mandi can realise meaningfully more — provided cartage and grading don't eat the difference.
05This Week Price Trend at a Glance
Over the past week, Banana prices at Sheopurkalan (F&V) APMC ranged between ₹1,700 and ₹2,500, with the average around ₹2,278. 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 (₹) |
|---|---|---|---|
| 02 Nov | ₹2,500 | ₹2,500 | ₹2,500 |
| 31 Oct | ₹2,500 | ₹2,500 | ₹2,500 |
| 30 Oct | ₹2,500 | ₹2,000 | ₹2,300 |
| 26 Oct | ₹2,500 | ₹2,500 | ₹2,500 |
| 23 Oct | ₹2,500 | ₹2,500 | ₹2,500 |
| 21 Oct | ₹2,400 | ₹2,200 | ₹2,300 |
| 15 Oct | ₹2,000 | ₹1,700 | ₹1,800 |
| 14 Oct | ₹2,300 | ₹2,000 | ₹2,200 |
| 13 Oct | ₹2,000 | ₹1,800 | ₹1,900 |
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
The day's best Banana rate is a good benchmark, yet distance, grade and how many others arrive with the same crop can all move your final price.
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 Sheopurkalan (F&V) APMC on 02 Nov 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.