In the mandi rate roundup for 16 Oct 2026, Banana was quoted at ₹6,750 per quintal in Sathiyamagalam(Uzhavar Sandhai ) APMC. A market-wise comparison and the recent price history follow for a fuller read.
01Key Drivers Behind Today's Banana Rate
Rates vary across markets because supply at the gate and demand on the floor are never quite the same in two places.
- Highest Recorded Price₹7,000
- Lowest Price Today₹6,500
- Average (Modal) Price₹6,750
- Reporting Mandis12
- Date16 Oct 2026
- CommodityBanana (Red Banana)
02Where Today's Rate Sits in the Range
Today's modal rate sits in the 90-Day band like this — a quick read of how much strength is behind the current price.
This puts Banana about 11.8% above the period average, and just 8.8% short of the period high. A reading in the upper part of the band often reflects steady, broad-based demand.
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 Viralimalai(Uzhavar Sandhai ) APMC | ₹9,500 |
| 7 Hosur(Uzhavar Sandhai ) APMC | ₹9,500 |
| 8 Denkanikottai(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
The gap between the day's dearest and cheapest market shows how wide the buying opportunity is — and whether it's worth carting produce further out.
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.
0590-Day Price Context — Trend & Strength
Over the last 90 days, Banana prices at Sathiyamagalam(Uzhavar Sandhai ) APMC ranged between ₹3,500 and ₹7,400, with the average around ₹6,036. 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 | ₹7,000 | ₹6,500 | ₹6,750 |
| 15 Oct | ₹7,000 | ₹6,500 | ₹6,750 |
| 14 Oct | ₹7,000 | ₹6,500 | ₹6,750 |
| 13 Oct | ₹7,000 | ₹6,500 | ₹6,750 |
| 12 Oct | ₹7,000 | ₹6,500 | ₹6,750 |
| 25 Sep | ₹7,400 | ₹7,000 | ₹7,200 |
| 24 Sep | ₹7,300 | ₹7,000 | ₹7,150 |
| 23 Sep | ₹7,300 | ₹7,000 | ₹7,150 |
| 22 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 21 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 20 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 19 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 18 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 17 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 16 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 15 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 14 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 13 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 12 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 11 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
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
Procurement tends to follow the leader, but the sharper buyers also watch when arrivals threaten to shift it.
10The Quick Read
The takeaway: Sathiyamagalam(Uzhavar Sandhai ) APMC reported Banana at this level on 16 Oct 2026. Watching the daily board across yards is the best way to track the trend.
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.