Rice
Rice mandi rate today at Gangavathi APMC — ₹3,400 per quintal
MARKET REPORT 23 OCT 2026
Market Report
Rice
Gangavathi APMC Market, Karnataka
₹3,400 / quintal 12.96%
₹2,000Today ₹3,400₹7,910
90-Day low90-Day high
HIGH ₹4,620LOW ₹2,310MODAL ₹3,400DAY ▲ 12.96%MANDIS 1290-Day AVG ₹2,646HIGH ₹4,620LOW ₹2,310MODAL ₹3,400DAY ▲ 12.96%MANDIS 1290-Day AVG ₹2,646
Today · Modal
₹3,400
Most-traded rate
Day Change
+12.96%
vs previous day
90-Day High
₹7,910
Period peak
90-Day Low
₹2,000
Period base
90-Day Avg
₹2,646
Mean modal

Gangavathi APMC Logs Rice at ₹3,400 Today

Updated 23 Oct 2026 Mandi Rate Today WhatsApp

From today's trading desk on 23 Oct 2026, Rice was quoted at ₹3,400 per quintal in Gangavathi APMC. The price-position and spread sections below place this rate in its wider context.

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₹4,620
  • Lowest Price Today₹2,310
  • Average (Modal) Price₹3,400
  • Reporting Mandis12
  • Date23 Oct 2026
  • CommodityRice (Broken Rice)

02Today's Price, Placed in Its 90-Day Band

Placing today's rate inside the recent band shows whether the price is running hot, cool, or mid-pack.

Price Position · 90-Day Band Lower band · Soft
₹2,000 (Low)₹2,646 (Avg)₹7,910 (High)

At this level, Rice is about 28.5% above the period average, sitting just 57.0% 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 23 Oct 2026. A clear leader usually anchors price expectations across nearby mandis.

MandiPrice (₹ / quintal)
1 APMC Mumbai APMC Leader ₹11,500
2 Fancy Bazaar APMC ₹7,500
3 APMC Nagpur APMC ₹7,425
4 Narasaraopet APMC ₹7,000
5 APMC Pune APMC ₹6,850
6 Bengaluru APMC ₹6,550
7 Visakhapatnam APMC ₹6,300
8 Tiruvuru APMC ₹6,200
9 Dahod APMC ₹6,000
10 Shillong APMC ₹5,700
11 Siliguri APMC ₹5,200
12 Kolhapur(Laxmipuri) APMC ₹5,050

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.

Highest-paying
APMC Mumbai APMC
₹11,500
₹6,450
↔
127.7% spread
Lowest-paying
Kolhapur(Laxmipuri) APMC
₹5,050

The ₹6,450 (127.7%) gap between the dearest and cheapest yard shows there's real room to gain by choosing the market carefully, once transport is factored in.

0590-Day Price Context — Trend & Strength

Over the last 90 days, Rice prices at Gangavathi APMC ranged between ₹2,000 and ₹7,910, with the average around ₹2,646. 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.

Rice · Modal Price Trend (83d) Modal Min–Max
₹1,527₹3,241₹4,955₹6,669₹8,38323 Oct10 Aug16 Jun

06Recent Price History

DateHigh (₹)Low (₹)Average (₹)
23 Oct ₹4,620 ₹2,310 ₹3,400
22 Oct ₹3,010 ₹2,630 ₹3,010
19 Oct ₹2,810 ₹2,400 ₹2,600
17 Oct ₹3,275 ₹2,310 ₹2,400
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

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

Quick Signal Read · Descriptive only
Momentum
Rising
Up 12.96% on the day, building on recent strength.
Range Position
Lower band · Soft
24% up the 90-Day band — soft, near the base.
Best Market
APMC Mumbai APMC
₹6,450 (127.7%) above the cheapest reporting yard.

08What It Means If You're Selling

Aim for the best-paying Rice yard if you can, but keep cartage and grading in the maths before you load the cart.

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

All told, this is where Rice stood at Gangavathi APMC on 23 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.

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Frequently Asked Questions (FAQs)

What does "Mandi Rate Today" mean here?
It means Rice traded at ₹3,400 per quintal in Gangavathi APMC on 23 Oct 2026. This is that market's rate for the day, not necessarily the highest or lowest.
How does this rate compare with other mandis?
See the market-wise table on this page — it lists Rice rates across reporting yards on 23 Oct 2026 so you can place this one against the day's high and low.
Is this the official government rate?
These figures come from publicly available government mandi data (AGMARKNET / data.gov.in) and are shared for information only. Reconfirm the live rate at the yard before trading.
How do I find the best-paying mandi for Rice?
Compare the modal rates in the table above. The best-paying yard can change daily with arrivals and demand.
Does the leading mandi change every day?
Yes. Rankings are worked out fresh each trading day from that day's arrivals and prices, so the best market for Rice can shift from one day to the next.
Is this the official government rate?
These figures are drawn from publicly available government mandi data (AGMARKNET / data.gov.in) and are shared for information only. Always reconfirm the live rate at the yard before trading.

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