In the day's wholesale-price digest for 16 Oct 2026, Rice was quoted at ₹3,850 per quintal in Gangavathi APMC. Below, the same crop is lined up across yards so you can see the full range.
01Key Drivers Behind Today's Rice Rate
A mandi's quote tracks what showed up at its gate and who turned up to buy — context the comparison adds.
- Highest Recorded Price₹4,525
- Lowest Price Today₹2,300
- Average (Modal) Price₹3,850
- Reporting Mandis12
- Date16 Oct 2026
- CommodityRice (Other)
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.
Right now Rice is about 46.1% above the period average — just 51.3% short of the period high. Holding near the top of the range is typically a sign of genuine strength, not a stray quote.
03How Other Mandis Compare Today
Here's how Rice rates stacked up across reporting markets on 16 Oct 2026. A clear leader usually anchors price expectations across nearby mandis.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 APMC Mumbai APMC Leader | ₹11,500 |
| 2 APMC Pune APMC | ₹10,900 |
| 3 Fancy Bazaar APMC | ₹9,560 |
| 4 APMC Nagpur APMC | ₹7,425 |
| 5 Kolhapur(Laxmipuri) APMC | ₹6,600 |
| 6 Visakhapatnam APMC | ₹6,500 |
| 7 Narasaraopet APMC | ₹6,500 |
| 8 Sindhanur APMC | ₹6,250 |
| 9 Shillong APMC | ₹5,700 |
| 10 APMC Ulhasnagar APMC | ₹5,500 |
| 11 Samsi APMC | ₹5,350 |
| 12 APMC Palghar APMC | ₹5,270 |
04The Spread: Best vs Cheapest Yard
The distance between the best- and lowest-paying mandi is the day's real opportunity for Rice.
A spread of ₹6,230 (118.2%) across reporting yards means a seller near a higher-paying mandi can realise meaningfully more — provided cartage and grading don't eat the difference.
0530-Day Price Trend at a Glance
Over the last 30 days, Rice prices at Gangavathi APMC ranged between ₹2,000 and ₹7,910, with the average around ₹2,635. 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 | ₹4,525 | ₹2,300 | ₹3,850 |
| 15 Oct | ₹7,910 | ₹2,300 | ₹3,050 |
| 13 Oct | ₹7,910 | ₹2,300 | ₹4,500 |
| 12 Oct | ₹3,307 | ₹2,820 | ₹3,111 |
| 25 Sep | ₹2,800 | ₹2,800 | ₹2,800 |
| 24 Sep | ₹2,700 | ₹2,560 | ₹2,630 |
| 23 Sep | ₹5,200 | ₹2,300 | ₹2,700 |
| 22 Sep | ₹2,700 | ₹2,300 | ₹2,400 |
| 21 Sep | ₹2,800 | ₹2,300 | ₹2,700 |
| 19 Sep | ₹2,600 | ₹2,600 | ₹2,600 |
| 18 Sep | ₹2,810 | ₹2,400 | ₹2,700 |
| 17 Sep | ₹2,700 | ₹2,300 | ₹2,400 |
| 16 Sep | ₹3,200 | ₹2,300 | ₹2,700 |
| 15 Sep | ₹6,953 | ₹2,300 | ₹2,820 |
| 11 Sep | ₹2,730 | ₹2,730 | ₹2,730 |
| 10 Sep | ₹2,800 | ₹2,300 | ₹2,600 |
| 09 Sep | ₹2,600 | ₹2,560 | ₹2,560 |
| 07 Sep | ₹2,590 | ₹2,550 | ₹2,570 |
| 05 Sep | ₹2,650 | ₹2,080 | ₹2,500 |
| 04 Sep | ₹2,800 | ₹2,300 | ₹2,600 |
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 day's best Rice rate is a good benchmark, yet distance, grade and how many others arrive with the same crop can all move your final price.
09A Buyer's Angle
Buyers often read a persistent price leader as a demand signal, then time their purchases to supply swings.
10The Quick Read
In short, Rice changed hands at this rate in Gangavathi APMC on 16 Oct 2026. See the full market-wise table for the day's high, low and average.
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.