In the latest market update for 16 Oct 2026, Banana was quoted at ₹1,310 per quintal in APMC Yawal APMC. Scroll down for the market-by-market table and how today's rate fits the recent band.
01Key Drivers Behind Today's Banana Rate
Day-to-day, a yard's rate follows its own stock and demand rather than a single national price.
- Highest Recorded Price₹1,900
- Lowest Price Today₹1,300
- Average (Modal) Price₹1,310
- Reporting Mandis12
- Date16 Oct 2026
- CommodityBanana (Other)
02Where Today's Rate Sits in the Range
Today's modal rate sits in the This Week band like this — a quick read of how much strength is behind the current price.
Right now Banana is about 6.3% below the period average — just 40.5% 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 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 Thanjavur(Uzhavar Sandhai ) APMC | ₹10,000 |
| 5 Palani(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 Vellore RM APMC | ₹9,000 |
| 10 Parassala Market APMC | ₹9,000 |
| 11 Anna nagar(Uzhavar Sandhai ) APMC | ₹9,000 |
| 12 RSPuram(Uzhavar Sandhai ) APMC | ₹8,850 |
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.
That ₹2,400 (27.1%) difference is the day's opportunity: the same Banana fetched noticeably more at the top yard than at the softest one.
05This Week Price Context — Trend & Strength
Over the past week, Banana prices at APMC Yawal APMC ranged between ₹1,250 and ₹2,200, with the average around ₹1,398. When today's rate approaches or exceeds the recent high, it signals strong structural demand. Consistent performance near the upper band reinforces the mandi's credibility as a leading hub.
06Recent Price History
| Date | High (₹) | Low (₹) | Average (₹) |
|---|---|---|---|
| 16 Oct | ₹1,900 | ₹1,300 | ₹1,310 |
| 12 Oct | ₹2,000 | ₹1,300 | ₹1,310 |
| 25 Sep | ₹1,720 | ₹1,500 | ₹1,630 |
| 21 Sep | ₹2,200 | ₹1,400 | ₹1,410 |
| 19 Sep | ₹2,150 | ₹1,350 | ₹1,360 |
| 16 Sep | ₹2,050 | ₹1,250 | ₹1,260 |
| 15 Sep | ₹2,050 | ₹1,250 | ₹1,260 |
| 09 Sep | ₹2,100 | ₹1,300 | ₹1,310 |
| 07 Sep | ₹2,100 | ₹1,400 | ₹1,410 |
| 05 Sep | ₹2,100 | ₹1,400 | ₹1,410 |
| 03 Sep | ₹2,200 | ₹1,500 | ₹1,710 |
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 headline Banana rate looks attractive, yet the smart move is to net it against distance, quality cuts and timing.
09A Buyer's Angle
A yard that keeps leading becomes a quoting reference, so traders track its arrivals as a regional cue.
10The Quick Read
To wrap up, APMC Yawal APMC logged this Banana rate on 16 Oct 2026. The market-wise spread and recent trend above give the fuller picture.
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.