MCX inks MoU with Mahindra Agri for data on farm pricing
August 4th, 2017
Multi Commodity Exchange of India Limited (MCX) and Mahindra Agri Solutions Ltd., a wholly owned subsidiary of Mahindra and Mahindra, have signed a Memorandum of Understanding (MoU) to provide agriculture related price information. This information would be available on their recently launched mobile application- ‘MyAgriGuru’, which is available for free on Google play store. This MoU would 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.