In its endeavor to overcome volatility in potato futures trade, National Commodity and Derivatives Exchange (NCDEX) and Multi Commodity Exchange (MCX) of India have imposed a 10 percent additional margin on sale positions and 15 percent margin on buy positions.
While the MCX margin order takes effect from April 18; an unnamed official said that the NCDEX margins "will be effective from April 21."
Base metals extended their gains on LME and Comex due to drop in inventories, increased optimism in financial markets and expectation of further Chinese buying. Three-month copper on the London Metal Exchange fell to $4731 per tone down by $72 after closing up $74 on Friday.
In its endeavor to overcome volatility in potato futures trade, National Commodity and Derivatives Exchange (NCDEX) and Multi Commodity Exchange (MCX) of India have imposed a 10 percent additional margin on sale positions and 15 percent margin on buy positions. 
Base metals extended their gains on LME and Comex due to drop in inventories, increased optimism in financial markets and expectation of further Chinese buying. Three-month copper on the London Metal Exchange fell to $4731 per tone down by $72 after closing up $74 on Friday.
