National Multi Commodity Exchange (NMCE) has announced two additional delivery centres for natural rubber in Kerala with a storage capacity of 14,000 MT, easing the storage constraints faced by rubber industry.
Located near Ernakulam and Kozhikode, these warehouses will add to the storage capacity of 12,250 MT and 1,890 MT respectively. This takes the total storage space available for rubber in various districts of Kerala to 27,140 MT from 13,000 MT.
Whatever rubber stocks arrive would now be adequately accommodated near Ernakulam and Kozhikode, said BB Pattnaik, MD, Central Warehousing Corporation, and Chairman, NMCE.
It was felt that the small farmers could not easily go to distant CWC warehouses because of the expense involved.
