An agreement has been signed by Multi Commodity Exchange of India Ltd (MCX) and Mahindra Agri Solutions Ltd for providing agriculture related price information.
Mahindra Agri Solutions Ltd is Mahindra & Mahindra’s wholly owned subsidiary.
According to a statement the Memorandum of Understanding (MoU) will enhance the decision making ability of the farmers further. To start with, MCX will be providing price information, open interest information, spot price, future price and derived data (analytics) for all the agri commodities namely – CPO (crude palm oil), cotton, cardamom and mentha oil.
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