In the latest market update for 16 Oct 2026, Banana was quoted at ₹8,750 per quintal in Ponnamaravathi(Uzhavar Sandhai) APMC. How this stacks up against the day's top and bottom yards is laid out just below.
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₹9,000
- Lowest Price Today₹8,500
- Average (Modal) Price₹8,750
- Reporting Mandis12
- Date16 Oct 2026
- CommodityBanana (Besrai)
02Today's Price, Placed in Its 90-Day Band
Placing today's rate inside the recent band shows whether the price is running hot, cool, or mid-pack.
At this level, Banana is about 33.0% above the period average, sitting just 2.8% short of 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
The table below lines up Banana rates across the markets that reported on 16 Oct 2026, so you can see where Ponnamaravathi(Uzhavar Sandhai) APMC sits versus the rest. A clear front-runner tends to shape what nearby yards quote.
| 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 Parassala Market APMC | ₹9,000 |
| 10 Anna nagar(Uzhavar Sandhai ) APMC | ₹9,000 |
| 11 Vellore RM 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.
05How Today Compares to the 90-Day Trend
Over the last 90 days, Banana prices at Ponnamaravathi(Uzhavar Sandhai) APMC ranged between ₹5,500 and ₹9,000, with the average around ₹6,578. 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 (₹) |
|---|---|---|---|
| 18 Oct | ₹9,000 | ₹8,000 | ₹8,500 |
| 17 Oct | ₹9,000 | ₹8,500 | ₹8,750 |
| 16 Oct | ₹9,000 | ₹8,500 | ₹8,750 |
| 15 Oct | ₹9,000 | ₹8,500 | ₹8,750 |
| 14 Oct | ₹9,000 | ₹8,500 | ₹8,750 |
| 13 Oct | ₹9,000 | ₹8,500 | ₹8,750 |
| 12 Oct | ₹9,000 | ₹8,500 | ₹8,750 |
| 25 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 24 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 23 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 22 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 21 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 20 Sep | ₹7,000 | ₹6,000 | ₹6,500 |
| 19 Sep | ₹7,000 | ₹6,500 | ₹6,750 |
| 18 Sep | ₹8,000 | ₹7,500 | ₹7,750 |
| 17 Sep | ₹8,000 | ₹7,500 | ₹7,750 |
| 16 Sep | ₹8,000 | ₹7,500 | ₹7,750 |
| 15 Sep | ₹8,000 | ₹7,500 | ₹7,750 |
| 14 Sep | ₹8,000 | ₹7,500 | ₹7,750 |
| 13 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
Selling Banana well is partly about the rate and partly about logistics — the nearest strong market often beats a far-off higher one.
09A Buyer's Angle
For buyers, a market that keeps leading is a good guide — but supply and transport still decide the best buy.
10The Quick Read
To sum up, this was the Banana rate at Ponnamaravathi(Uzhavar Sandhai) APMC on 16 Oct 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.