Formula & Calculation Methodology
Agmarknet wholesale market pricing: Modal Price, Minimum Price, and Maximum Price per Quintal (100 kg).
Track daily wholesale commodity rates across major Indian APMC mandis (Lasalgaon, Khanna, Indore, Agra, Kolar, Rajkot) for wheat, paddy, onion, tomato, potato, mustard, soyabean, and cotton.
Agmarknet wholesale market pricing: Modal Price, Minimum Price, and Maximum Price per Quintal (100 kg).
Commodity: Wheat (Gehu) | Mandi: Indore (MP) | Unit: ₹/Quintal
The modal price is the most frequently transacted price for a commodity in the mandi on that trading day, representing the true average market rate.