December 11 , 2021
The Ethiopia Commodity Exchange (ECX) announced that it has traded 48,000tn of soybean worth 1.2 billion Br over the past year. The volume is largely attributable to the special trading window it established a year ago to enable agro-processors to get the legume from the central market. The trading window, which can accommodate up to 200 buyers at a time, enables vegetable oil manufacturers to buy agricultural produce electronically as well. The ECX has transacted some 200,000tn of soybean since it began trading the legume in 2018.
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