In the mandi rate roundup for 04 Aug 2026, Palakkad Market APMC stood at the front of the pack for Chili Red, clocking the day's best rate at ₹28,100 per quintal. It comfortably led the field, which is why traders are likely keeping an eye on it.
01Key Drivers Behind Today's Chili Red Rate
A rate that leads the board is usually the product of many bids, not one generous buyer.
- Highest Recorded Price₹29,000
- Lowest Price Today₹27,000
- Average (Modal) Price₹28,100
- Reporting Mandis12
- Date04 Aug 2026
- CommodityChili Red (Red)
02How Strong Is Today's Rate, Really
Here's where today's Chili Red rate lands within its recent low-to-high range.
This puts Chili Red about 3.2% above the period average, and just 3.1% 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
The table below lines up Chili Red rates across the markets that reported on 04 Aug 2026, so you can see where Palakkad Market APMC sits versus the rest. A clear front-runner tends to shape what nearby yards quote.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 Palakkad Market APMC Leader | ₹28,100 |
| 2 KKNagar(Uzhavar Sandhai ) APMC | ₹28,000 |
| 3 Mumbai APMC | ₹27,500 |
| 4 Sontoli APMC | ₹21,700 |
| 5 Gurazala APMC | ₹20,500 |
| 6 Anna nagar(Uzhavar Sandhai ) APMC | ₹20,000 |
| 7 Kahithapattarai(Uzhavar Sandhai ) APMC | ₹20,000 |
| 8 Parchur APMC | ₹18,000 |
| 9 Mandhal APMC | ₹18,000 |
| 10 Nagpur APMC | ₹17,000 |
| 11 Rasipuram(Uzhavar Sandhai ) APMC | ₹14,500 |
| 12 Varanasi APMC | ₹11,924 |
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 ₹16,176 (135.7%), the spread is wide enough that where you sell Chili Red matters as much as when — net of freight and quality cuts.
0530-Day Price Context — Trend & Strength
Over the last 30 days, Chili Red prices at Palakkad Market APMC ranged between ₹24,000 and ₹29,000, with the average around ₹27,219. Comparing today against this recent band helps separate a genuine trend from a short-lived, selective-buying spike.
06Recent Price History
| Date | High (₹) | Low (₹) | Average (₹) |
|---|---|---|---|
| 05 Aug | ₹29,000 | ₹27,000 | ₹28,100 |
| 04 Aug | ₹29,000 | ₹27,000 | ₹28,100 |
| 03 Aug | ₹29,000 | ₹27,000 | ₹28,100 |
| 01 Aug | ₹29,000 | ₹27,000 | ₹28,100 |
| 31 Jul | ₹29,000 | ₹27,000 | ₹28,100 |
| 30 Jul | ₹29,000 | ₹26,500 | ₹27,800 |
| 29 Jul | ₹29,000 | ₹26,500 | ₹27,800 |
| 28 Jul | ₹29,000 | ₹26,500 | ₹27,800 |
| 27 Jul | ₹29,000 | ₹26,500 | ₹27,800 |
| 25 Jul | ₹29,000 | ₹26,500 | ₹27,800 |
| 24 Jul | ₹29,000 | ₹26,500 | ₹27,800 |
| 23 Jul | ₹28,000 | ₹27,000 | ₹27,600 |
| 22 Jul | ₹29,000 | ₹27,000 | ₹28,100 |
| 21 Jul | ₹29,000 | ₹27,000 | ₹28,100 |
| 20 Jul | ₹28,000 | ₹26,500 | ₹27,300 |
| 18 Jul | ₹28,000 | ₹26,500 | ₹27,300 |
| 17 Jul | ₹28,000 | ₹26,500 | ₹27,300 |
| 16 Jul | ₹28,000 | ₹26,000 | ₹27,100 |
| 15 Jul | ₹28,000 | ₹26,000 | ₹27,100 |
| 14 Jul | ₹28,000 | ₹26,000 | ₹27,100 |
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
For Chili Red, the top rate is a guide rather than a guarantee — your net depends on freight, grade and the moment you sell.
09A Buyer's Angle
For buyers, a market that keeps leading on price tends to become the yardstick others quote against. It's worth tracking how arrivals and freight play out over the next few days.
10The Quick Read
The takeaway: Palakkad Market APMC was the market to beat for Chili Red on 04 Aug 2026. Arrivals and demand over the next sessions will decide if the lead sticks.
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.