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Regulator levies 10% cash margin on mentha oil, cardamom contracts
The Forward Markets Commission (FMC) has levied 10 per cent special cash margin on two narrow commodities – mentha oil and cardamom – effective on Thursday, to check volatility in these counters. With this revision, the overall margin on all mentha oil and cardamom contracts has shot up to 18.58 per cent and 19.5-20 per cent from 8.58 per cent and 9.5-10 per cent, respectively. The regulator