In the day's wholesale-price digest for 16 Oct 2026, Banana was quoted at ₹7,500 per quintal in Thiruchengodu RM APMC. The full board below shows whether this rate runs high, low or mid-pack against other yards.
01Key Drivers Behind Today's Banana Rate
The rate here reflects this yard's conditions on the day; the table shows how those compare elsewhere.
- Highest Recorded Price₹8,000
- Lowest Price Today₹7,000
- Average (Modal) Price₹7,500
- Reporting Mandis12
- Date16 Oct 2026
- CommodityBanana (Red Banana)
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 9.1% above the period average — just 6.3% 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 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 Ponnamaravathi(Uzhavar Sandhai) APMC | ₹8,750 |
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.
A spread of ₹2,500 (28.6%) across reporting yards means a seller near a higher-paying mandi can realise meaningfully more — provided cartage and grading don't eat the difference.
05How Today Compares to the 4-Day Trend
Over the last 4 days, Banana prices at Thiruchengodu RM APMC ranged between ₹4,500 and ₹8,000, with the average around ₹6,875. 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 | ₹8,000 | ₹7,000 | ₹7,500 |
| 15 Oct | ₹5,500 | ₹4,500 | ₹5,000 |
| 14 Oct | ₹8,000 | ₹7,000 | ₹7,500 |
| 13 Oct | ₹8,000 | ₹7,000 | ₹7,500 |
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
Aim for the best-paying Banana yard if you can, but keep cartage and grading in the maths before you load the cart.
09A Buyer's Angle
From a sourcing view, a steady leader signals real demand — keep an eye on supply and movement before committing to large buys.
10The Quick Read
In short, Banana changed hands at this rate in Thiruchengodu RM APMC on 16 Oct 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.