From today's trading desk on 16 Oct 2026, Melapalayam(Uzhavar Sandhai ) APMC stood at the front of the pack for Banana, clocking the day's best rate at ₹11,250 per quintal. That figure outpaced every other yard reporting Banana, making it the day's standout.
01Key Drivers Behind Today's Banana Rate
A market leading on price generally points to good-quality arrivals meeting keen buying interest.
- Highest Recorded Price₹11,500
- Lowest Price Today₹11,000
- Average (Modal) Price₹11,250
- 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.
At this level, Banana is about 17.4% above the period average, sitting just 2.2% 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
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 Anna nagar(Uzhavar Sandhai ) APMC | ₹9,000 |
| 11 RSPuram(Uzhavar Sandhai ) APMC | ₹8,850 |
| 12 Ponnamaravathi(Uzhavar Sandhai) APMC | ₹8,750 |
04The Spread: Best vs Cheapest Yard
The distance between the best- and lowest-paying mandi is the day's real opportunity for Banana.
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.
0590-Day Price Trend at a Glance
Over the last 90 days, Banana prices at Melapalayam(Uzhavar Sandhai ) APMC ranged between ₹6,700 and ₹11,500, with the average around ₹9,579. 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 | ₹11,500 | ₹11,000 | ₹11,250 |
| 15 Oct | ₹11,500 | ₹11,000 | ₹11,250 |
| 14 Oct | ₹11,500 | ₹11,000 | ₹11,250 |
| 13 Oct | ₹11,500 | ₹11,000 | ₹11,250 |
| 12 Oct | ₹11,500 | ₹11,000 | ₹11,250 |
| 25 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 24 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 23 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 22 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 21 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 18 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 17 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 16 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 15 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 11 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 10 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 09 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 08 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 07 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
| 06 Sep | ₹10,000 | ₹9,000 | ₹9,500 |
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
A leading rate is worth aiming for with Banana, though transport, quality sorting and timing decide what you really take home.
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
To sum up, Melapalayam(Uzhavar Sandhai ) APMC led Banana on 16 Oct 2026. Keeping an eye on the daily board will show whether it holds the top spot.
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.