On May 23, 2026, the trading environment at Banthara APMC turned notably active as Groundnut touched a daily highest price of ₹18,846 per quintal. The surge to this upper band reflects firm buyer participation and signals a potentially strengthening short-term trend in the physical mandi market.
The average mandi rate registered a movement of 0.01% compared to the previous session. Such percentage variation is a critical metric for evaluating immediate price momentum and short-cycle demand shifts.
Banthara APMC May 23, 2026 – Detailed Price Overview
- Highest Price Today: ₹18,846 per quintal
- Lowest Price Today: ₹3,000 per quintal
- Average (Modal) Price: ₹7,087 per quintal
- Total Arrival: 0 quintals
- Number of Active Mandis: 89
The daily high is not merely a top trade figure — it represents the upper willingness of buyers to pay for quality lots. When the highest price aligns with steady average rates, it indicates that premium demand is not isolated but part of broader procurement activity.
How Today’s High Compares with the 30-Day Range
In the last 30 days, Groundnut recorded a peak of ₹15,200 and a floor of ₹1,209, with the monthly average settling at ₹6,898.
Today’s top rate of ₹18,846 should be evaluated within this 30-day boundary. If the current high approaches the monthly maximum, it suggests renewed bullish strength. If it remains between the median and upper band, the market may be in an accumulation phase before a directional breakout.
Top Mandis Comparison – Where Are the Best Rates?
| Mandi / Market | Price (₹ per quintal) |
|---|---|
| Banthara APMC | ₹16,504 |
| Sultanpur APMC | ₹9,300 |
| Villupuram(Uzhavar Sandhai ) | ₹9,000 |
| Talod APMC | ₹8,625 |
| Himatnagar APMC | ₹8,600 |
| Amirgadh APMC | ₹8,600 |
| APMC HALVAD | ₹8,500 |
| Wanaparthy town APMC | ₹8,230 |
| Rajkot APMC | ₹8,050 |
| Katpadi (Uzhavar Sandhai ) | ₹8,000 |
| Nanganallur(Uzhavar Sandhai ) | ₹8,000 |
| Kahithapattarai(Uzhavar Sandhai ) | ₹8,000 |
Inter-mandi price variation highlights regional supply-demand imbalances. Markets reporting stronger bids typically experience tighter arrivals or aggressive buying by processors and wholesalers. For farmers, comparing nearby mandis can significantly influence net realization.
20-Day Price Trend – Short-Term Directional Insight
| Date | High (₹) | Low (₹) | Average (₹) |
|---|---|---|---|
| 2026-05-23 | ₹18,846 | ₹3,000 | ₹7,087 |
| 2026-05-22 | ₹15,200 | ₹2,008 | ₹7,086 |
| 2026-05-21 | ₹11,200 | ₹2,529 | ₹7,020 |
| 2026-05-20 | ₹13,487 | ₹2,225 | ₹7,114 |
| 2026-05-19 | ₹12,457 | ₹1,809 | ₹6,971 |
| 2026-05-18 | ₹9,639 | ₹1,890 | ₹6,976 |
| 2026-05-17 | ₹10,250 | ₹3,500 | ₹6,849 |
| 2026-05-16 | ₹9,000 | ₹4,000 | ₹6,872 |
| 2026-05-15 | ₹12,100 | ₹2,189 | ₹6,885 |
| 2026-05-14 | ₹13,471 | ₹1,209 | ₹6,993 |
| 2026-05-13 | ₹9,219 | ₹2,009 | ₹6,853 |
| 2026-05-12 | ₹9,001 | ₹3,015 | ₹6,818 |
| 2026-05-11 | ₹13,410 | ₹1,212 | ₹6,828 |
| 2026-05-09 | ₹9,000 | ₹3,500 | ₹6,773 |
| 2026-05-07 | ₹9,000 | ₹3,100 | ₹6,723 |
| 2026-05-05 | ₹14,400 | ₹2,598 | ₹6,667 |
| 2026-05-04 | ₹11,000 | ₹1,896 | ₹6,602 |
The 20-day historical data provides a technical perspective on short-term momentum. A pattern of rising daily highs and improving averages signals bullish continuation. Conversely, narrowing spreads between highs and lows may indicate consolidation or range-bound movement.
Farmer Strategy – Selling Decision Framework
Farmers monitoring the daily highest price of ₹18,846 should align selling decisions with both price strength and arrival patterns. If prices are near the 30-day upper range and arrivals remain moderate, it may present a favorable window for partial liquidation.
However, staggered selling — distributing quantities across multiple sessions — often reduces exposure to sudden corrections and helps optimize average realization.
Trader & Wholesaler View – Procurement Signals
For traders, today’s price action suggests stable to firm procurement sentiment. When daily highs remain elevated alongside consistent average pricing, it reflects sustained buyer confidence rather than speculative spikes.
Monitoring stock levels, transportation flow, and cross-mandi spreads will remain essential for anticipating short-term price volatility.
Short-Term Market Outlook
Based on current indicators — daily high at ₹18,846, 30-day positioning, and arrival flow — the immediate outlook appears cautiously positive. Continued demand absorption could keep prices near upper bands, while any sudden spike in arrivals may introduce mild corrective pressure.
Stakeholders are advised to track daily mandi updates, compare regional price spreads, and evaluate 20-day movement patterns to make data-backed trading and selling decisions.