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Rice mandi prices

Price updated : 19 Mar '24, 2:30 am

As per the latest market rates, the average Rice price is ₹3434.19/Quintal. The lowest market price is ₹1000/Quintal. The costliest market price is ₹8860/Quintal.

Market price summary

Last price updated: 18 Mar '24, 12:00 am

Average Price

₹3434.19/Quintal

Lowest Market Price

₹1000.00/Quintal

Costliest Market Price

₹8860.00/Quintal

Rice price today

Commodity:

Rice

Avg Market Price:

₹3434.19/Quintal

Min Market Price:

₹1000/Quintal

Max Market Price:

₹8860/Quintal

Price updated:

18 Mar '24

Previous price:

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As per the latest market rates, the average Rice price is ₹3434.19/Quintal. The lowest market price is ₹1000/Quintal. The costliest market price is ₹8860/Quintal.

Rice price today
Commodity
Arrival Date
Variety
State
District
Market
Min Price
Max Price
Avg price
Mobile App
Rice 18/03/2024 Common West Bengal Burdwan Guskara(Burdwan) Rs 2950 / Quintal Rs 3050 / Quintal Rs 3000 / Quintal Get Free Alert
Rice 18/03/2024 Common West Bengal Burdwan Memari Rs 2900 / Quintal Rs 3100 / Quintal Rs 3000 / Quintal Get Free Alert
Rice 18/03/2024 Fine West Bengal Burdwan Memari Rs 3300 / Quintal Rs 3500 / Quintal Rs 3400 / Quintal Get Free Alert
Rice 18/03/2024 Other West Bengal Darjeeling Karsiyang(Matigara) Rs 4000 / Quintal Rs 4500 / Quintal Rs 4200 / Quintal Get Free Alert
Rice 18/03/2024 Common West Bengal Medinipur(E) Kolaghat Rs 3100 / Quintal Rs 3300 / Quintal Rs 3200 / Quintal Get Free Alert
Rice 18/03/2024 Fine West Bengal Medinipur(W) Medinipur(West) Rs 3900 / Quintal Rs 4300 / Quintal Rs 4100 / Quintal Get Free Alert
Rice 18/03/2024 Other West Bengal Murshidabad Beldanga Rs 3450 / Quintal Rs 3550 / Quintal Rs 3500 / Quintal Get Free Alert
Rice 18/03/2024 Other West Bengal Nadia Kalyani Rs 2950 / Quintal Rs 3350 / Quintal Rs 3150 / Quintal Get Free Alert
Rice 18/03/2024 Super Fine West Bengal Sounth 24 Parganas Diamond Harbour(South 24-pgs) Rs 5000 / Quintal Rs 5400 / Quintal Rs 5200 / Quintal Get Free Alert
Rice 18/03/2024 1009 Kar Maharashtra Thane Palghar Rs 3505 / Quintal Rs 3505 / Quintal Rs 3505 / Quintal Get Free Alert

Poll Question

1. What will happen to the price of Rice in the next 10 days?

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Escrow - Terms and Conditions

Last updated: 22/12/2023
1. Introduction

Welcome to commodityonline Escrow, a secure platform facilitating transactions between buyers and sellers. By using our services, you agree to the following terms and conditions.

2. Payment Guarantee
  • commodityonline guarantees the payment for transactions facilitated through our Escrow platform.
  • Once the buyer accepts the seller's invoice, the funds will be held securely until delivery of promised goods is done satisfactorily to the buyer and seller.
  • The amount mentioned in the invoice will be considered as the final disbursement amount.
  • Commodityonline's responsibility to a particular transaction will cease once the goods are delivered and payment is disbursed. Any dispute regarding the goods has to be taken up by the seller and buyer themselves.
3. Logistics and Quality Testing
  • Commodityonline's scope of work does not include logistics.
  • Either parties can include logistics cost in the invoice with prior consent from bearing party.
  • All transportation of goods, final delivery and its time frame is outside the purview of Commodityonline.
  • Similarly, commodityonline is also not into quality testing.
  • Buyer has to be satisfied with the quality of goods after deliberation with the seller or after approving samples at their own level and cost.
  • There is no quality control test process in the current process of commodityonline and it is entirely upto the transactional parties to be satisfied and accept good as per their own set quality protocols.
  • Users are responsible for verifying quality aspects independently.
4. Escrow Process
4.1 Initiation:
  • After the buyer is satisfied with quantity and quality of goods of the seller on Commodityonline interface, they must contact the seller party on whatsapp or telephone to discuss any negotiation or quality check.
  • After both parties agree to buy/sell at a certain rate agreed by both parties, the buyer creates a request on the platform.
  • We strongly recommend the conversations to be recorded on the phone or keep a copy of the conversation on the finalisation of the rates/quantity for clarity.
  • After the buyer creates a request, the same quality, quantity and price is to be maintained by the seller.
  • The seller then creates an invoice in his/her own system and all the items agreed mutually (Transportation/Quality test costs etc) should be included in the invoice to conclude on a final amount.
4.2 Acceptance:
  • The buyer reviews the invoice and accepts the invoice
  • Buyer then initiates the escrow process by adding details of the bank etc.
  • An amount equivalent to the invoice amount is to be transferred to the Commodityonline Escrow account.
  • This money does not go the seller and is safe with commodityonline until goods is delivered.
4.3 Payment Holding:
  • commodityonline securely holds the payment
  • Once goods is delivered and buyer confirms the delivery, the amount is disbursed to the seller.
  • Please note that this has to be done at a fair play time once the good is delivered.
  • Buyer has to confirm the receipt of goods within 2 days of delivery.
5. User Responsibilities
  • Users are responsible for accurate communication, including rates, product details, and transaction terms.
  • Commodityonline is responsible only for safeguarding your money and not any other aspects of the transaction.
  • Buyers and sellers are encouraged to independently verify transportation and quality testing arrangements.
6. Dispute Resolution

In the event of a dispute:

6.1 Initial Resolution Attempt:

Users experiencing a dispute are encouraged to make reasonable efforts to resolve the issue amicably between themselves.

6.2 Escalation to Escrow Involvement:

If the dispute persists, users must contact commodityonline for assistance. We will facilitate communication to reach a resolution.

6.3 Escrow Intervention:

If the dispute remains unresolved, commodityonline reserves the right to hold the payment until a satisfactory resolution is reached. This may come from a mutual agreement between the parties (buyer and seller) or be based on a court order.

6.4 External Resolution:

If the dispute escalates to a legal level, commodityonline will comply with court orders. Users understand that commodityonline may be required to release funds according to a legally binding decision.

7. Limitations of Liability

commodityonline is not liable for issues related to transportation, quality testing, or any disputes between users.

8. Changes to Terms

commodityonline reserves the right to update these terms and conditions. Users will be notified of any changes.

By using commodityonline Escrow, you acknowledge and agree to abide by these terms and conditions. For any queries or concerns, please contact us at [email protected].

Last updated: 22/12/2023

Thank you for choosing commodityonline Escrow!

Frequently Asked Questions

  • What is the highest market price of Rice today?
    The highest market price of Rice is Rs 8860.00 INR/Quintal as of 18 Mar '24.
  • What is the lowest market price of Rice today?
    The lowest market price of Rice is Rs 1000.00 INR/Quintal as of 18 Mar '24.
  • What is the market price of Rice today?
    The market price of Rice today is Rs 3434.19 INR/Quintal as of 18 Mar '24.
  • What is the market price of Rice today for 1 Kg?
    The market price of Rice today is Rs 34.34 INR/Kg as of 18 Mar '24.

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