All applications583

Find your application

583 applications

Open full catalog

Browse applications by category or open the full catalog.

  1. Agro Commodity Brokerage
  2. Features
  3. Market prices
Feature · Market prices

Market prices

A broker quotes against the market every day. Recording the prices seen at the mandis gives the desk a history to check a quote against and lets the analytics show whether the desk’s deals were struck above or below the market. Each entry is one observation: a commodity, a market, a date and the modal, minimum and maximum price per metric ton.

OverviewLatest Prices
Agro Commodity Brokerage · Market prices

Latest Prices

Market prices

New
Entry refCommodityMarketPrice dateModal price per MTMin price per MT
MP-2627-0412Tur / ArharIndore APMC07 Oct280220
MP-2627-0413Tur / ArharLatur APMC11 Oct690350
MP-2627-0414Turmeric (Finger)Kota APMC16 Oct80770
MP-2627-0415Turmeric (Finger)Nizamabad APMC18 Oct80600
MP-2627-0416Tur / ArharAkola APMC09 Oct350470
6 of 6 records
MP-2627-0412Market prices · MP-38485
CommodityTur / Arhar
MarketIndore APMC
Price date07 Oct
Modal price per MT280
Min price per MT220
Example screen with sample data

What you can do

Record the day's prices

The Broker records prices from the markets the desk follows, for example the APMC yards where its sellers bring goods. Modal price is the price most trade happened at; minimum and maximum give the day’s range. Each commodity also carries a benchmark price per MT for a quick reference, and its category, unit and HSN code.

  • One entry per market and day. Keep a reference for each entry so a repeated observation is easy to spot.
  • Same unit as deals. Record prices per metric ton so they compare with deal rates directly.
  • Latest first. Latest Prices shows the last thirty days, newest first.

Compare deals with the market

The Trends & Effectiveness dashboard sets each deal’s rate per MT beside the mandi prices for the same commodity and period. A desk whose deals sit well above the modal price may be serving buyers who pay for quality or delivery terms; one consistently below may be leaving brokerage on the table with sellers. The comparison is only as good as the prices recorded, so agree which markets each commodity uses.

Commodity records

Each commodity shows the number of deals and the total volume traded in metric tons, which the overview uses for the commodity trend.

Field Use
Category Cereals, Pulses, Oilseeds, Spices, Fibre or Sugar, for the trend by category
Unit MT, Quintal or Bale as traded in the market
Benchmark price per MT Reference price for quotes
Deals count and total volume How much of the commodity the desk trades

What to agree during setup

Agree the markets followed for each commodity, who records prices and how often. Agree how quintal or bale prices are converted to per-MT before entry.

Check the handoff on an actual case

Record a fortnight of prices for two commodities at two markets. Book deals in those commodities and open the trends dashboard to compare their rates with the modal price. Check that a price entered per quintal by mistake stands out against the range.

What your team sees

  • Latest Prices — The last thirty days of price observations by commodity and market.

Follow the work through

Read the brokerage analytics that use these prices.

What it keeps track of

Data model
Market prices
Mandi and benchmark price observations per commodity, used to compare deal rates with the market.
Commodities
Agricultural commodities traded, with category, unit, HSN code and benchmark price.

Who uses it

Permissions
Broker
Records prices and checks them before quoting.
Brokerage Owner
Reads the price comparison.
Admin
Maintains the commodity list.

Set up Agro Commodity Brokerage your way.

Start free, then use Proto to change fields, steps and approvals before your team goes live.

How to get started

A personal agent for your business

Get started with Proto

Your app is selected. Download Proto, then open it with this context.

Selected appAgro Commodity Brokerage

Choose your computer’s platform.

Download Proto

Install Proto, then return to this panel.

Already installed? Open Proto

Free to use. Your own model provider may charge for usage.