In the latest market update for 16 Oct 2026, APMC Mumbai APMC stood at the front of the pack for Rice, clocking the day's best rate at ₹11,500 per quintal. No rival market matched it today, underlining the strength of buying here.
01What Put APMC Mumbai APMC on Top Today
A market leading on price generally points to good-quality arrivals meeting keen buying interest.
- Highest Recorded Price₹12,500
- Lowest Price Today₹8,000
- Average (Modal) Price₹11,500
- Reporting Mandis12
- Date16 Oct 2026
- CommodityRice (Other)
02Today's Price, Placed in Its 2-Week Band
Today's modal rate sits in the 2-Week band like this — a quick read of how much strength is behind the current price.
At this level, Rice is about 47.2% above the period average, sitting just 8.0% 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
This table ranks Rice rates across active mandis for 16 Oct 2026, making it easy to spot the best-paying market.
| Mandi | Price (₹ / quintal) |
|---|---|
| 1 APMC Mumbai APMC Leader | ₹11,500 |
| 2 APMC Pune APMC | ₹10,900 |
| 3 Fancy Bazaar APMC | ₹7,500 |
| 4 Kolhapur(Laxmipuri) APMC | ₹6,600 |
| 5 Visakhapatnam APMC | ₹6,500 |
| 6 Narasaraopet APMC | ₹6,500 |
| 7 Sindhanur APMC | ₹6,250 |
| 8 Shillong APMC | ₹5,700 |
| 9 Samsi APMC | ₹5,350 |
| 10 APMC Palghar APMC | ₹5,270 |
| 11 Siliguri APMC | ₹5,200 |
| 12 Lamlong Bazaar APMC | ₹5,100 |
04The Spread: Best vs Cheapest Yard
The distance between the best- and lowest-paying mandi is the day's real opportunity for Rice.
The ₹6,400 (125.5%) 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 2-Week Trend
Over the last two weeks, Rice prices at APMC Mumbai APMC ranged between ₹3,000 and ₹12,500, with the average around ₹7,810. 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 | ₹12,500 | ₹8,000 | ₹11,500 |
| 15 Oct | ₹5,500 | ₹3,000 | ₹5,250 |
| 14 Oct | ₹11,000 | ₹8,000 | ₹10,000 |
| 13 Oct | ₹7,500 | ₹3,000 | ₹5,250 |
| 12 Oct | ₹11,000 | ₹8,000 | ₹10,000 |
| 24 Sep | ₹11,000 | ₹8,000 | ₹10,000 |
| 23 Sep | ₹7,500 | ₹3,000 | ₹5,250 |
| 22 Sep | ₹7,500 | ₹3,000 | ₹5,250 |
| 21 Sep | ₹11,000 | ₹8,000 | ₹10,000 |
| 19 Sep | ₹7,500 | ₹3,000 | ₹5,250 |
| 18 Sep | ₹11,000 | ₹8,000 | ₹10,000 |
| 17 Sep | ₹11,000 | ₹8,000 | ₹10,000 |
| 16 Sep | ₹5,500 | ₹3,000 | ₹5,250 |
| 15 Sep | ₹11,000 | ₹8,000 | ₹10,000 |
| 11 Sep | ₹7,500 | ₹3,000 | ₹5,250 |
| 10 Sep | ₹11,000 | ₹8,000 | ₹10,000 |
| 09 Sep | ₹7,500 | ₹3,000 | ₹5,250 |
| 08 Sep | ₹11,000 | ₹8,000 | ₹10,000 |
| 07 Sep | ₹7,500 | ₹3,000 | ₹5,250 |
| 04 Sep | ₹7,500 | ₹3,000 | ₹5,250 |
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
Going to the top Rice market makes sense, but remember the cost of transport, quality cuts, and that the rate may drop a bit by the time you reach.
09A Buyer's Angle
For buyers, a market that keeps leading is a good guide — but supply and transport still decide the best buy.
10The Quick Read
To sum up, APMC Mumbai APMC led Rice on 16 Oct 2026. Keeping an eye on the daily board will show whether it holds the top spot.
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.