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MandiPulse

Rice Mandi Rate Today: Prices Jump 24.71% at Market

Rice prices jumped 24.71% on 11 Jul 2026 due to sudden demand and limited supply in the mandi.

📂 Mandi Updates • ✍️ Amit • 🕒

In a strong upward move on 11 Jul 2026, Rice prices at Local Market surged by 24.71% within a single trading session. This sudden spike exceeds normal daily fluctuations and signals aggressive buying activity in the mandi.

The average trading price climbed to ₹5,105, while the session recorded a high of ₹5,400 and a low of ₹4,675. A sharp upward shift in the average price typically reflects strong procurement demand and tightening supply conditions.

Sudden Price Spike – Key Market Indicators

  • Mandi: Local Market
  • One-Day Increase: 24.71%
  • Average Price: ₹5,105
  • Highest Price: ₹5,400
  • Lowest Price: ₹4,675
  • Active Mandis Reporting: 3

If the session high significantly exceeds the average, it indicates that certain transactions were executed under aggressive bidding, reinforcing bullish sentiment in the agricultural market.

Comparison with the 30-Day Price Range

Over the last 30 days, the commodity reached a maximum of ₹23,065 and a minimum of ₹1,450, maintaining an average of ₹3,889.

If the current average price is moving toward the upper boundary of this monthly range, it suggests strengthening momentum. However, if prices were already near the upper band, the spike could represent short-term buying enthusiasm rather than structural change.

Major Mandis – Price Alignment

MandiPrice (₹ per quintal)
Samsi APMC₹5,350
Siliguri APMC₹5,200
Asansol APMC₹4,765

If similar upward movement is observed across key mandis, the spike can be considered network-wide rather than isolated to a single market.

20-Day Historical Trend Analysis

DateHigh (₹)Low (₹)Average (₹)
11 Jul₹5,400₹4,675₹5,105
10 Jul₹18,200₹1,900₹4,094
09 Jul₹18,200₹1,500₹3,980
08 Jul₹11,000₹2,000₹4,031
07 Jul₹18,000₹1,900₹4,164
06 Jul₹18,200₹2,160₹4,126
05 Jul₹9,596₹2,150₹3,896
04 Jul₹9,626₹1,900₹4,021
03 Jul₹18,000₹1,700₹3,988
02 Jul₹11,000₹1,900₹4,001
01 Jul₹18,000₹1,900₹4,234
30 Jun₹14,400₹1,500₹4,037
29 Jun₹23,065₹1,900₹4,076
28 Jun₹8,100₹2,000₹3,371
27 Jun₹11,000₹2,000₹4,000
26 Jun₹21,357₹2,300₹4,024
25 Jun₹8,500₹1,450₹3,973
24 Jun₹18,000₹1,800₹4,007
23 Jun₹10,290₹1,900₹4,097
22 Jun₹11,000₹1,772₹3,672
21 Jun₹8,286₹1,900₹3,190

If prices have been gradually strengthening over the past sessions, today’s surge may represent continuation of an existing uptrend. If earlier trading was stable, the spike may be driven by sudden bulk buying or supply disruption.

Implications for Farmers

A sudden price spike can create favorable selling opportunities. However, farmers should evaluate whether the momentum is sustainable before making large-volume sales decisions.

Trader Perspective

For traders, rapid price increases can increase procurement costs and inventory risk. Balanced buying strategies and close monitoring of arrival trends are essential during volatile sessions.

Final Market Assessment

The recorded 24.71% surge highlights short-term strength in the Rice market. Long-term direction will depend on sustained demand, arrival patterns, and multi-mandi confirmation in the coming sessions.

Frequently Asked Questions

Q1. What does a sudden spike in Rice prices indicate?

A sudden spike indicates that Rice prices increased sharply within a short period, usually driven by strong demand, limited supply, or short-term market speculation.

Q2. Why did Rice prices jump by 24.71% on 11 Jul 2026?

On 11 Jul 2026, Rice prices surged in local mandi due to low arrivals, increased buyer activity, weather-related disruptions, or export-driven demand.

Q3. Is a sudden price spike in Rice sustainable?

Sudden price spikes are often short-lived. Once supply conditions improve or speculative demand cools, prices may stabilize or see a healthy correction.

Q4. Should farmers sell Rice immediately during a sudden spike?

Farmers should assess current market momentum, track arrivals in nearby mandis, and avoid rushed selling if prices are still showing upward strength.

Q5. How can traders benefit from sudden spike signals?

Traders can use sudden spike signals to plan short-term selling strategies, optimize inventory management, and evaluate whether the move is demand-driven or speculative.

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