2merkato

ECX is set to pilot an IBM enabled national traceability system, eATTS starting from January 2016, with coffee, according to The Reporter.

The Ethiopian Commodity Exchange (ECX), is to switch to online trading in the third quarter of the current fiscal year, capital reported.

Currently, the exchange conducts physical trading from its headquarters located at Mexico Square in Addis Ababa, Ethiopia.

The Ethiopian Commodity Exchange (ECX) revealed that it conducted transactions totaling nearly Birr 19.4 billion over the past nine months. This involved trading 172,000 metric tons of various agricultural commodities.

Ethiopian Commodity Exchange (ECX) traded 14.47 billion birr’s worth of agricultural commodities in the first half of the 2017/18 fiscal year, it reported.

Ethiopian Commodity Exchange (ECX) started trading rice digitally on April 6, 2023 by trading grade one rice entered by ECX’s Bure branch for Birr 6,400 per quintal. A total of 60 quintals of rice were traded for Birr 383,232 on the same date.