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NCDEX increases special margin on Turmeric contract

27 Jul 2012 Evaluate

National Commodity and Derivatives Exchange (NCDEX), an on-line multi commodity exchange of the country, shall be increasing the special margin on Tumeric contracts from existing 20% (in cash) on the long side to 40% (in cash) with effect from beginning of day Friday, July 27, 2012.

The exchange has increased the special margin on all the running contracts and yet to be launched contracts.