How to derive next contract margin amount for Commodities?

ishwarm
ishwarm edited March 2018 in General
In the api https://api.kite.trade/margins/commodity , the margin amounts are given per symbol instead of per contract unlike how it is for currencies or equity futures apis. So, do we use the margin percent to calculate the margins for next contract?
For e.g., ALUMINIUM shows margin: 5.02 in the api. So, for the next contract,
nrml_margin = 5.02% * next contract price * next contract commodity multiplier
Is this correct? Or can you provide commodity margin amounts also by contract instead of by symbols?
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