NMCE sees the largest delivery

Image
BS Reporter
Last Updated : Feb 11 2013 | 12:50 AM IST
National Multi Commodity Exchange saw the largest delivery ever on the exchange during January 2013. It was 1606 tonnes as against 890 tonnes in January 2012, thus an increase of 80.45 per cent.

The producers and suppliers have benefitted by giving huge delivery on the exchange because exchange price was more attractive. The table below shows the delivery during the month of January 2013 as compared to earlier years. NMCE has certified warehouse of Central Warehousing Corporation [CWC] for delivery of Rubber in Kerala near all the producing areas at Aluva, Ernakulum, Kakkanad, Kakkancherry, Kozhikode, Palakkad, Piravom and Thrissur.

The stock position as on 30th January has reached to 7148 tones out of which 428 tones is in plastic packing, exchange informed. NMCE has formed an independent team of quality experts for periodical check of the quality of rubber in the exchange certified warehouses consisting of Rubber Board quality expert, regional officer of CWC and NMCE representative.

This team submits the independent quality reports and also guides all the warehouse managers and their staff on quality.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 11 2013 | 12:28 AM IST

Next Story