FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers TRADE AFRICA Election 2026 New TIME REMAINING UNTIL ETHIOPIA’S NATIONAL ELECTION 0Days 0Hours 0Minutes 0Seconds

Fortune Logo

ECX, Coffee Authority to Determine Rates for Coffee Export

Apr 12 , 2022

Coffee destined for export will be traded based on weekly rates determined by the Ethiopian Coffee & Tea Authority, officials of the Ethiopian Commodity Exchange (ECX) have agreed.

The Board of directors of ECX has addressed traders that new rules are enforced beginning today, April 12, to ensure rates are "based on supply and demand" and provide a "level playing field" with other trade models. Coffee remains the top export item.

Over 180,000tn of the cash crop was shipped abroad over the first eight months of this year, generating close to 750 million dollars. The Authority targets a little over one billion dollars in export revenues.

Put your comments here

N.B: A submit button will appear once you fill out all the required fields.



Related Posts

Share This Post
Linkedin
Google+


Most read

Latest News

Editor's pick

Commentaries

The Iran War Is Fueling a Global Debt Shock

The war in the Middle East has caused a sharp spike in oil, gas, and food prices, cre...

The Right Incentives for Climate Action

As wars reshape global energy markets, short-term priorities, from securing fossil-fu...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...

Editorial

The Elections Offered Order at the Centre, Silence at the Edges

Jun 6 , 2026

For a political veteran as controversial as Getachew Reda, last week's national elect...

Mistaking Development Theatre for Public Trust Has a Cost

May 30 , 2026

Tomorrow, millions of Ethiopians are expected to vote in the seventh national electio...

Tax Push Tests How Much Pain Taxpayers Can Bear

May 23 , 2026

An International Monetary Fund (IMF) team has spent weeks in Addis Abeba conducting t...

T-Bills Trap Begins in the Federal Government's Own Budget

May 16 , 2026

The federal budget tells a troubling story about inflation, debt and reform. The prob...

Gallery

Parliament Approves New Cabinet Members

Oct 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

Jan 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

Sep 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

Dec 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

Apr 26 , 2019

Sunday With Eden

A Journey of Survival, Forgiveness, Giving Back

Some stories arrive without fanfare, yet stay with us long after they are told. They...

When Ordinary Lives Rewrite Poverty

There are moments in life that leave people changed forever. A few days ago, I attended a conference at a religious inst...

Life Matters

We Don't Need Cover Letters We Need Conversations

We live in an age that celebrates efficiency, automation and convenience, yet the mod...

Beyond the Scoreline, How Foreign Football Becomes Local Identity

The recent celebrations in Addis Abeba following Arsenal's success were, to put it bl...