NCDEX SLAPS SPECIAL MARGIN ON COTTON OIL SEED CAKE
DATE: 19/07/2012
In order to curb speculative activities in the markets, National Commodities
and Derivatives Exchange has imposed a special margin of 20% in cash on Cotton
Oil Seed Cake from 21 July 2012. The margin will be imposed on all running and
yet to be launched contracts. Cotton Oil seed Cake in NCDEX August futures
opened in red down 0.75% at Rs 1582 per quintal. The most active contract has
geared up by 32% in last two months since June. The contract was at Rs 1203 per
quintal in June starting.
POWERED BY: COMMODITY INSIGHTS
www.goldennifty.com
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