Looking at how the yards traded on 16 Oct 2026, Rice was quoted at ₹2,500 per quintal in Nawabganj APMC. A market-wise comparison and the recent price history follow for a fuller read.
01What's Behind Today's Rice Price
A single market's price is shaped by local stock and bidding, so it's best read alongside the wider board.
- Highest Recorded Price₹2,500
- Lowest Price Today₹2,500
- Average (Modal) Price₹2,500
- Reporting Mandis12
- Date16 Oct 2026
- CommodityRice (Common)
02Today's Price, Placed in Its 30-Day Band
Placing today's rate inside the recent band shows whether the price is running hot, cool, or mid-pack.
Right now Rice is about 0.5% above the period average — just 21.9% 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
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 | ₹9,560 |
| 4 Gorakhpur APMC | ₹8,407 |
| 5 Lucknow APMC | ₹7,501 |
| 6 Bengaluru APMC | ₹7,500 |
| 7 Varanasi APMC | ₹7,421 |
| 8 APMC Solapur APMC | ₹7,315 |
| 9 APMC Sangli APMC | ₹7,000 |
| 10 Kolhapur(Laxmipuri) APMC | ₹6,600 |
| 11 Visakhapatnam APMC | ₹6,500 |
| 12 Narasaraopet APMC | ₹6,500 |
04The Spread: Best vs Cheapest Yard
How far apart are the top and bottom yards today? That spread tells you how much choosing the right market is worth.
At ₹5,000 (76.9%), the spread is wide enough that where you sell Rice matters as much as when — net of freight and quality cuts.
05How Today Compares to the 30-Day Trend
Over the last 30 days, Rice prices at Nawabganj APMC ranged between ₹1,900 and ₹3,200, with the average around ₹2,487. 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 (₹) |
|---|---|---|---|
| 17 Oct | ₹2,700 | ₹2,700 | ₹2,700 |
| 16 Oct | ₹2,500 | ₹2,500 | ₹2,500 |
| 12 Oct | ₹2,500 | ₹2,200 | ₹2,207 |
| 24 Sep | ₹2,200 | ₹2,200 | ₹2,200 |
| 23 Sep | ₹2,900 | ₹1,900 | ₹2,093 |
| 22 Sep | ₹2,860 | ₹2,600 | ₹2,642 |
| 21 Sep | ₹2,700 | ₹1,900 | ₹2,210 |
| 20 Sep | ₹2,820 | ₹2,820 | ₹2,820 |
| 19 Sep | ₹2,815 | ₹2,815 | ₹2,815 |
| 18 Sep | ₹2,700 | ₹1,900 | ₹2,173 |
| 17 Sep | ₹2,700 | ₹2,700 | ₹2,700 |
| 16 Sep | ₹2,800 | ₹2,600 | ₹2,711 |
| 15 Sep | ₹2,800 | ₹2,100 | ₹2,468 |
| 14 Sep | ₹2,650 | ₹1,900 | ₹1,947 |
| 13 Sep | ₹2,900 | ₹2,900 | ₹2,900 |
| 12 Sep | ₹2,600 | ₹2,600 | ₹2,600 |
| 11 Sep | ₹2,650 | ₹2,600 | ₹2,639 |
| 10 Sep | ₹2,600 | ₹2,600 | ₹2,600 |
| 09 Sep | ₹2,650 | ₹2,600 | ₹2,635 |
| 06 Sep | ₹2,650 | ₹2,500 | ₹2,590 |
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
Procurement tends to follow the leader, but the sharper buyers also watch when arrivals threaten to shift it.
10The Quick Read
To wrap up, Nawabganj APMC logged this Rice rate on 16 Oct 2026. The market-wise spread and recent trend above give the fuller picture.
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.