Reading today's price tape for 16 Oct 2026, Rice was quoted at ₹9,560 per quintal in Fancy Bazaar APMC. Scroll down for the market-by-market table and how today's rate fits the recent band.
01Key Drivers Behind Today's Rice Rate
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₹12,080
- Lowest Price Today₹7,550
- Average (Modal) Price₹9,560
- Reporting Mandis12
- Date16 Oct 2026
- CommodityRice (Common)
02How Strong Is Today's Rate, Really
Here's where today's Rice rate lands within its recent low-to-high range.
At this level, Rice is about 15.6% above the period average, sitting just 48.3% 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
The table below lines up Rice rates across the markets that reported on 16 Oct 2026, so you can see where Fancy Bazaar APMC sits versus the rest. A clear front-runner tends to shape what nearby yards quote.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 APMC Mumbai APMC Leader | ₹11,500 |
| 2 Fancy Bazaar APMC | ₹9,560 |
| 3 Gorakhpur APMC | ₹8,528 |
| 4 Bengaluru APMC | ₹7,500 |
| 5 APMC Sangli APMC | ₹7,000 |
| 6 APMC Pune APMC | ₹6,650 |
| 7 Kolhapur(Laxmipuri) APMC | ₹6,600 |
| 8 Visakhapatnam APMC | ₹6,500 |
| 9 Narasaraopet APMC | ₹6,500 |
| 10 Sindhanur APMC | ₹6,250 |
| 11 APMC Bhandara APMC | ₹6,100 |
| 12 Dahod APMC | ₹6,000 |
04The Spread: Best vs Cheapest Yard
The distance between the best- and lowest-paying mandi is the day's real opportunity for Rice.
That ₹5,500 (91.7%) difference is the day's opportunity: the same Rice fetched noticeably more at the top yard than at the softest one.
0530-Day Price Trend at a Glance
Over the last 30 days, Rice prices at Fancy Bazaar APMC ranged between ₹3,100 and ₹18,500, with the average around ₹8,268. 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 (₹) |
|---|---|---|---|
| 16 Oct | ₹12,080 | ₹7,550 | ₹9,560 |
| 15 Oct | ₹12,000 | ₹7,500 | ₹9,500 |
| 14 Oct | ₹3,500 | ₹3,100 | ₹3,300 |
| 13 Oct | ₹11,000 | ₹3,200 | ₹7,500 |
| 12 Oct | ₹12,000 | ₹7,500 | ₹9,500 |
| 25 Sep | ₹3,580 | ₹3,350 | ₹3,400 |
| 23 Sep | ₹3,500 | ₹3,100 | ₹3,300 |
| 22 Sep | ₹10,080 | ₹3,450 | ₹7,560 |
| 21 Sep | ₹18,500 | ₹7,000 | ₹13,200 |
| 19 Sep | ₹12,000 | ₹7,500 | ₹9,500 |
| 18 Sep | ₹18,500 | ₹7,000 | ₹13,200 |
| 16 Sep | ₹3,500 | ₹3,100 | ₹3,300 |
| 15 Sep | ₹3,500 | ₹3,100 | ₹3,300 |
| 14 Sep | ₹10,000 | ₹3,400 | ₹7,500 |
| 11 Sep | ₹12,000 | ₹7,500 | ₹9,500 |
| 10 Sep | ₹3,580 | ₹3,350 | ₹3,360 |
| 09 Sep | ₹18,500 | ₹7,000 | ₹13,200 |
| 08 Sep | ₹11,000 | ₹3,200 | ₹7,500 |
| 07 Sep | ₹3,500 | ₹3,100 | ₹3,300 |
| 05 Sep | ₹10,000 | ₹3,400 | ₹7,500 |
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
Selling Rice well is partly about the rate and partly about logistics — the nearest strong market often beats a far-off higher one.
09A Buyer's Angle
Big buyers often use a steady strong market as their guide when bargaining in nearby areas.
10The Quick Read
All told, this is where Rice stood at Fancy Bazaar APMC on 16 Oct 2026. The board above shows whether it ran high, low or mid-pack.
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.