MCX eyes agri commodities segment with a slew of new products

Focus on agri commodities comes following the govt's plan to double farmers' income in 5 years

The Multi Commodities Exchange (MCX) has set its sights on strengthening its position in the agri commodities segment and consolidating its presence in the non-agri segment.
 
It has plans to introduce many products that are not available for derivatives trading so far.
 
MCX Managing Director and Chief Executive Officer Mrugank Paranjape said: “We plan to strengthen our position in the agri commodities space to involve even farmers and launch futures in some commodities for which we see good scope. Some of them are being launched for the first time.”
 
The products include robusta coffee, whose exports are