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METLDEX
November 1 , 2020
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- The Multi Commodity Exchange (MCX) of India launched Base Metals Index 'METLDEX'.
- It is India's first real time Base Metal Futures Index.
- Till now, the domestic metal prices were pivoted to the London Metal Exchange (LME) prices.
- METLDEX is based on the five base metals - zinc, copper, nickel, lead and aluminium.
- METLDEX is the short form of Metal Index.
- MCX is the country's leading commodity bourse.
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