The Ethiopia Commodity Exchange traded 25,577tn of coffee, 7,480tn of sesame seeds and 2,165tn of haricot beans for a total value of 2.2 billion Br in October. Coffee takes the greatest share of the trade volume at 72.6pc and 83.9pc of the total traded value. Compared to last month, coffee transaction volumes increased by 74pc. From the total production, 66pc of the coffee was exported. ECX also traded 9,394tn of coffee for domestic consumption, amounting to 402.7 million Br. The exchange traded 7,480tn of sesame traded for 318.8 million Br, showing increases of 244pc in transaction value and 263pc in volume from the previous month. Currently, ECX has 347 members and trades nine commodities including the latest entrants, soya beans and chickpeas.
June 19 , 2021
The wait for Ethiopia’s sixth national elections, since it became a federal republi...
June 12 , 2021
Milton Freedman, the renowned monetary economist, had a mantra. He believed, "inflati...
June 5 , 2021
In retrospect, it is nothing less than astounding that the 2015 national elections we...
May 29 , 2021
Those entrusted with public office may love throwing events; but, no one is doing it...
June 12 , 2021
Milton Freedman, the renowned monetary economist, had a mantra. He believed, "inflati...
May 24 , 2021
The United States imposes visa restrictions against current and former Ethiopian and...
May 24 , 2021
Ethiopia's Ministry of Foreign Affairs opposes the decision by the US government to i...
May 8 , 2021 . By HAWI DADHI and NEJAT AHMED
A 50-year old mother, Aster Amsalu, and her son, 26, began their search for an electo...
