What is the position limit for agricultural commodities?
There are maximum position limits set for a client and a broker for trading in agricultural commodities by MCX as specified in this circular (PDF). Zerodha allows trading only in the current month's contract of Mentha oil. Trading in Kapas and Cotton candy is not allowed in Zerodha because of illiquidity. To learn more, see Can far-month F&O contracts be traded in Zerodha?
If the order is placed above the specified positions limit (135 quantities for Mentha oil), the below error is displayed:
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