MCX launches base metal index MCXMETLDEX; know price, features, advantages here!
India’s largest commodities exchange – Multi Commodity Exchange of India Limited (MCX) today launched the first base metal futures index of the country. MCXMETLDEX will track the real time performance of basket of five base metals futures viz. zinc, copper, nickel, lead and aluminium
Anuj Gupta, Deputy Vice President, Commodity and Currency Research at Angel Broking welcomed the launch saying that this index will bring in more efficiency in tracking the price. Source: Reuters