11 April, 2017
Ethiopian coffee authorities may be opening up the Ethiopian Commodity Exchange (ECX), allowing coffees to be traded outside the platform through which all coffees exported from Ethiopia have passed since 2008, according to a news release sent this morning by Amsterdam-based green coffee trading company Trabocca.
Longtime green coffee trader and Trabocca Founder Menno Simons said in the announcement that the company’s seven-member team in Addis Ababa has learned that the Ethiopian government will allow coffee to be sold outside the ECX, beginning April 30, on a trial basis.
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