Agri Terminal Markets NE Kicks Off Trading in Maliya

The Agri Terminal Markets NE (ATMNE) launched its groundnut trading operations in Maliya, Junagadh District on 16th November 09.

The launch saw a lot of farmers evincing interest in trading on the NSEL powered platform as they had been deprived of an organized system because of which they had to contend with dealing directly with the available buyers or travel long distances to the traders in the mandi.

Though the groundnut farmers had turned up in large numbers, they were held back due to the initial hiccup as regards the pricing that NSEL offered. This was primarily due to the uniformity in the rates offered for both grades of groundnut – Oil millers and Export quality. NSEL is working towards overcoming this issue and trying to get more buyers registered on its platform so that farmers in the region get the best rates.