Going by the latest APMC figures for 28 Aug 2026, Rice was quoted at ₹2,404 per quintal in Banda APMC. The full board below shows whether this rate runs high, low or mid-pack against other yards.
01What's Behind Today's Rice Price
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₹2,410
- Lowest Price Today₹2,400
- Average (Modal) Price₹2,404
- Reporting Mandis12
- Date28 Aug 2026
- CommodityRice (Other)
02How Strong Is Today's Rate, Really
Today's modal rate sits in the 30-Day band like this — a quick read of how much strength is behind the current price.
Today's rate is about 7.9% below the period average and just 31.3% short of the period high. A price holding this high in the range usually points to firm structural demand rather than a one-off bid.
03How Other Mandis Compare Today
Here's how Rice rates stacked up across reporting markets on 28 Aug 2026. A clear leader usually anchors price expectations across nearby mandis.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 Fancy Bazaar APMC Leader | ₹13,200 |
| 2 Muradabad APMC | ₹7,571 |
| 3 Nagpur APMC | ₹6,425 |
| 4 Visakhapatnam APMC | ₹6,200 |
| 5 Narasaraopet APMC | ₹6,000 |
| 6 Pune APMC | ₹6,000 |
| 7 Shillong APMC | ₹5,700 |
| 8 Bengaluru APMC | ₹5,500 |
| 9 Kampli APMC | ₹5,500 |
| 10 Ballia APMC | ₹5,476 |
| 11 Barpathari APMC | ₹5,200 |
| 12 Baruipur(Canning) APMC | ₹5,200 |
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 ₹8,000 (153.8%) gap between the dearest and cheapest yard shows there's real room to gain by choosing the market carefully, once transport is factored in.
0530-Day Price Trend at a Glance
Over the last 30 days, Rice prices at Banda APMC ranged between ₹2,400 and ₹3,500, with the average around ₹2,612. 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 (₹) |
|---|---|---|---|
| 28 Aug | ₹2,410 | ₹2,400 | ₹2,404 |
| 27 Aug | ₹2,700 | ₹2,500 | ₹2,616 |
| 26 Aug | ₹3,450 | ₹3,210 | ₹3,249 |
| 23 Aug | ₹2,410 | ₹2,410 | ₹2,410 |
| 22 Aug | ₹3,500 | ₹2,700 | ₹2,972 |
| 21 Aug | ₹2,410 | ₹2,400 | ₹2,402 |
| 20 Aug | ₹3,140 | ₹3,000 | ₹3,099 |
| 16 Aug | ₹3,020 | ₹3,000 | ₹3,013 |
| 15 Aug | ₹2,700 | ₹2,500 | ₹2,641 |
| 12 Aug | ₹2,500 | ₹2,500 | ₹2,500 |
| 11 Aug | ₹2,820 | ₹2,770 | ₹2,806 |
| 08 Aug | ₹2,400 | ₹2,400 | ₹2,400 |
| 07 Aug | ₹2,420 | ₹2,400 | ₹2,405 |
| 06 Aug | ₹2,600 | ₹2,600 | ₹2,600 |
| 04 Aug | ₹2,600 | ₹2,600 | ₹2,600 |
| 31 Jul | ₹2,970 | ₹2,840 | ₹2,925 |
| 30 Jul | ₹2,780 | ₹2,750 | ₹2,763 |
| 25 Jul | ₹2,420 | ₹2,400 | ₹2,405 |
| 24 Jul | ₹2,410 | ₹2,400 | ₹2,405 |
| 23 Jul | ₹2,780 | ₹2,750 | ₹2,769 |
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
The headline Rice rate looks attractive, yet the smart move is to net it against distance, quality cuts and timing.
09A Buyer's Angle
From a sourcing view, a steady leader signals real demand — keep an eye on supply and movement before committing to large buys.
10The Quick Read
Bottom line: on 28 Aug 2026, Rice traded at this rate in Banda APMC. Check the market-wise board and the daily update to see how it compares and where it moves next.
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.