Volume of Ethiopian Commodities Exchanged Exceeds 500,278 Tonnes
The volume of commodities exchanged via the Ethiopian Commodities Exchange (ECX) exceeded 500,278 tonnes in 2003. It was announced yesterday that trading for this last Ethiopian fiscal year has shown an increase of 128% over the 223,000 tonnes traded last year, in a report given by Dr. Eleni Gebre Medhin, CEO of ECX at the Sheraton Addis.
The commodities exchange market saw a marked increase in trade and sound financial showing to match expanding operations in 2003 (Ethiopian Calendar) said Dr. Eleni.