Polling is process of gathering information from a cross section of market players about the spot price of the commodity in the market.
Spot prices is captured at the identified basis centres of a commodity, by getting price quotes from the empanelled polling participants representing the value chain comprising various user class viz. Auctioneers, traders, cold store owners, Farmer, Grader, Miller, Commission agents, Wholesaler’s, Processors, Importers, Exporters etc. The prices of the underlying commodity are polled and disseminated to the Market.
Following diagram depicts the process