Here's the 11 Aug 2026 mandi snapshot — Rice was quoted at ₹2,700 per quintal in Somvarpet APMC. Below, the same crop is lined up across yards so you can see the full range.
01What Put Somvarpet APMC on Top Today
A day's rate at any single yard reflects the local balance of arrivals and buyers, which is why it can sit above or below other markets.
- Highest Recorded Price₹2,800
- Lowest Price Today₹2,700
- Average (Modal) Price₹2,700
- Reporting Mandis12
- Date11 Aug 2026
- CommodityRice (Coarse (I.R.20))
02Where Today's Rate Sits in the Range
Today's modal rate sits in the 5-Day band like this — a quick read of how much strength is behind the current price.
At this level, Rice is about 0.0% above the period average, sitting just 3.6% 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 Rice rates stacked up across reporting markets on 11 Aug 2026. A clear leader usually anchors price expectations across nearby mandis.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 Mumbai APMC Leader | ₹10,000 |
| 2 Lucknow APMC | ₹9,023 |
| 3 Firozabad APMC | ₹8,360 |
| 4 Gadag APMC | ₹7,270 |
| 5 Sangli APMC | ₹6,750 |
| 6 Bengaluru APMC | ₹6,500 |
| 7 Kolhapur(Laxmipuri) APMC | ₹6,450 |
| 8 Nagpur APMC | ₹6,425 |
| 9 Visakhapatnam APMC | ₹6,150 |
| 10 Narasaraopet APMC | ₹6,000 |
| 11 Bhandara APMC | ₹6,000 |
| 12 Sindhanur APMC | ₹5,950 |
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.
The ₹4,050 (68.1%) gap between the dearest and cheapest yard shows there's real room to gain by choosing the market carefully, once transport is factored in.
05How Today Compares to the 5-Day Trend
Over the last 5 days, Rice prices at Somvarpet APMC ranged between ₹2,700 and ₹2,800, with the average around ₹2,700. 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 (₹) |
|---|---|---|---|
| 11 Aug | ₹2,800 | ₹2,700 | ₹2,700 |
| 04 Aug | ₹2,700 | ₹2,700 | ₹2,700 |
| 01 Aug | ₹2,700 | ₹2,700 | ₹2,700 |
| 29 Jul | ₹2,700 | ₹2,700 | ₹2,700 |
| 18 Jul | ₹2,700 | ₹2,700 | ₹2,700 |
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 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
To sum up, this was the Rice rate at Somvarpet APMC on 11 Aug 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.