From today's trading desk on 16 Oct 2026, Paddy(Common) was quoted at ₹3,075 per quintal in Banmorkalan APMC. This is one of several Paddy(Common) rates reported today — the table shows the rest.
01Key Drivers Behind Today's Paddy(Common) Rate
Local arrivals, grade and the number of active buyers together set a market's rate for the day.
- Highest Recorded Price₹3,440
- Lowest Price Today₹3,000
- Average (Modal) Price₹3,075
- Reporting Mandis12
- Date16 Oct 2026
- CommodityPaddy(Common) (Basmati 1509)
02How Strong Is Today's Rate, Really
Placing today's rate inside the recent band shows whether the price is running hot, cool, or mid-pack.
At this level, Paddy(Common) is about 6.5% below the period average, sitting just 11.1% 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 Paddy(Common) rates stacked up across reporting markets on 16 Oct 2026. A clear leader usually anchors price expectations across nearby mandis.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 Sindhanur APMC Leader | ₹7,650 |
| 2 Kanakagiri APMC | ₹5,053 |
| 3 APMC Chamorshi APMC | ₹4,876 |
| 4 Bapatla APMC | ₹4,700 |
| 5 Varaseoni APMC | ₹4,495 |
| 6 Ganjbasoda APMC | ₹4,355 |
| 7 Itarsi APMC | ₹4,310 |
| 8 Kampli APMC | ₹4,300 |
| 9 Madurai RM APMC | ₹4,300 |
| 10 Ashoknagar APMC | ₹4,260 |
| 11 APMC Mul APMC | ₹4,200 |
| 12 Kesamudram APMC | ₹4,169 |
04The Spread: Best vs Cheapest Yard
The distance between the best- and lowest-paying mandi is the day's real opportunity for Paddy(Common).
A spread of ₹3,481 (83.5%) 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 This Week Trend
Over the past week, Paddy(Common) prices at Banmorkalan APMC ranged between ₹2,200 and ₹3,460, with the average around ₹3,289. 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 (₹) |
|---|---|---|---|
| 17 Oct | ₹3,460 | ₹2,200 | ₹3,420 |
| 16 Oct | ₹3,440 | ₹3,000 | ₹3,075 |
| 15 Oct | ₹3,430 | ₹3,025 | ₹3,350 |
| 14 Oct | ₹3,340 | ₹3,120 | ₹3,340 |
| 13 Oct | ₹3,330 | ₹3,000 | ₹3,250 |
| 12 Oct | ₹3,460 | ₹3,025 | ₹3,300 |
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 Paddy(Common) 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
A yard that keeps leading becomes a quoting reference, so traders track its arrivals as a regional cue.
10The Quick Read
To sum up, this was the Paddy(Common) rate at Banmorkalan 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.