Ethiopia Commodity Exchange reports 48.83 billion birr in annual trades
The Ethiopia Commodity Exchange says commodity trades reached 48.83 billion birr in the 2018 Ethiopian fiscal year, exceeding its annual target.
In short
- The Ethiopia Commodity Exchange says commodity trades reached 48.83 billion birr in the 2018 Ethiopian fiscal year, exceeding its annual target.
The Ethiopia Commodity Exchange recorded 48.83 billion birr in commodity trades during the 2018 Ethiopian fiscal year, according to figures attributed to the Ministry of Trade and Regional Integration.
The reported result amounted to 167.8 percent of the exchange’s annual target. The figure indicates that trading activity substantially exceeded the benchmark set for the year, though the source record did not provide a commodity-by-commodity breakdown.
ECX provides an organised marketplace for agricultural commodities in Ethiopia. The annual result offers a measure of activity passing through that formal trading system, while fuller assessment will depend on detailed volumes, product composition and comparisons with previous years.
