Mercantile Exchange Nepal Ltd (Mex) is working on the Agri-Index containing a basket of five to seven daily goods. It is also preparing Market Index that includes interest rates, inflation and Consumer price Index (CPI) that would be useful for daily transactions. "Mex is also planning a warehouse that will help farmers sell their agro-produce at their convenience so that they get the proper price," said Deependra Khatiwada, managing director of Mex that is working in line of the interests of growers, merchandisers, exporters, importers, industrialists, investors and end-users. The exchange that started its transactions from January 5, 2009 is planning to address various integral aspects of commodity economy like warehousing, cooperatives, private and public sector marketing of agricultural commodities, research and training. "However, we request the government to regulate the exchange," He added.
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