In today's crop-price rundown for 16 Oct 2026, Nanakmatta APMC stood at the front of the pack for Basmati Rice, clocking the day's best rate at ₹3,800 per quintal. With buying concentrated here, this yard topped the day's Basmati Rice board.
01What's Behind Today's Basmati Rice Price
A market leading on price generally points to good-quality arrivals meeting keen buying interest.
- Highest Recorded Price₹3,800
- Lowest Price Today₹3,800
- Average (Modal) Price₹3,800
- Reporting Mandis1
- Date16 Oct 2026
- CommodityBasmati Rice (Basmati)
05How Today Compares to the 5-Day Trend
Over the last 5 days, Basmati Rice prices at Nanakmatta APMC ranged between ₹3,800 and ₹3,800, with the average around ₹3,800. 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 | ₹3,800 | ₹3,800 | ₹3,800 |
| 15 Oct | ₹3,800 | ₹3,800 | ₹3,800 |
| 14 Oct | ₹3,800 | ₹3,800 | ₹3,800 |
| 13 Oct | ₹3,800 | ₹3,800 | ₹3,800 |
| 12 Oct | ₹3,800 | ₹3,800 | ₹3,800 |
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
Before carting Basmati Rice to a higher-paying yard, weigh the transport cost, grading norms, and how the rate might shift by the time you reach the gate.
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
Bottom line: on 16 Oct 2026, Nanakmatta APMC set the pace for Basmati Rice. Whether it stays on top depends on how arrivals, demand and rates at other yards move in the days ahead — worth checking the daily update.
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.