GMBS2 6691 : 291 | LUBPAA1 1941 : 110 | LUBPAA2 1930 : 6 | LUBPAA3 1753 : 71 | LUBPAA4 1632 : 42 | LWBP2 2097 : 77 | LWBP4 1770 : 47 | LWJM1 1804 : 154 | LWSD2 1910 : 123 | LWSD3 1620 : 31 | UBM7 1642 : 0 | UBM8 1625 : 0 | UGJQ1 2580 : 118 | UGJQ2 2411 : 74 | UGJQ2 2342 : 40 | UHRA4 2726 : 0 | UHRA5 2664 : 0 | UHRB6 2264 : 0 | UHRB7 2242 : 0 | UHRC6 2213 : 0 | UIB6 1797 : 0 | UIB6 1797 : 0 | UIB7 1739 : 0 | UIB7 1739 : 0 | UJM6 1797 : 0 | UJM7 1739 : 0 | UKF4 1800 : 0 | UKF6 1659 : 0 | UKF7 1642 : 0 | UKF8 1625 : 0 | UKFQ1 2419 : 0 | UKW3 2179 : 0 | UKW4 1938 : 0 | UKW6 1797 : 0 | USDA5 1893 : 77 | USDA7 1872 : 0 | UYCA4 2044 : 0 | UYCA5 1924 : 12 | UYCB7 1836 : 0 | WGJQ1 2754 : 0 | WGJQ1 2754 : 0 | WKFQ1 2476 : 0 | WSDA3 2483 : 0 | WSDAQ1 2728 : 0 | WSDAQ2 2598 : 0 | WSDC3 1849 : 0 | WYCA3 2407 : 0 | WYCAQ1 2754 : 0 | WYCAQ2 2599 : 0 | RKBSA1 3529 : 110 | RKBSA2 3450 : 2 | RKBSDA3 3334 : 8 | RWPA3 2929 : 10 | RWPA3 2929 : 2 | RWPALG 2651 : 7 | WHGS2 5705 : 41 | WHGS2 5705 : 41 | WHGS3 5580 : 38 | WHGS3 5580 : 38 | WHGS3 5580 : 38 | WWSS3 5558 : 38 | WWSS4 5437 : 37 | WWSS5 5250 : 32 | BRDC4 3900 : 100 | BRDC5 3800 : 3800 | SBWO4 2671 : 90


First of all I would like to Congratulate all members, employees, and stakeholders of the Exchange for our great achievements. Congratulations once again!! 

Even though the years are small in number, the Ethiopian Commodity Exchange has come up with new ideas and innovation, and become a brand face for our country. The origins of ECX are based on our agrarian ecology and our ability to cultivate production and productivity. Before ECX the farmers were not directly benefited from their productions.

The Ethiopian Commodity Exchange had cultivated different exchange experiences of other countries. As a result, the Ethiopian Commodity Exchange able to build itself a center of modern trading.  In the past few years, with the advent of policy-makers and farmers, there has been a change in attitude with regard to the modern trading system, as well as towards a well-developed and legal-based exchange system. 

In this regard, the exchange successfully stretched, well-developed expert based uniform quality standards to all the key export commodities that are traded through the Exchange. This brought a fertile ground to the advance of quality products in the market. The exchange also contributed to modern technology systems and easily applicable systems that foster macroeconomic development. More importantly the Exchange created a well-developed and trust worthy T+1payment System that enabled the seller to get his /her money next day after they traded in the Exchange.   

In addition to contributing modern trading IT systems, the Exchange has become to be known a face of modern systems. Every transaction is booked in the database. From commodity arrival to commodity pick up  all the process are highly supported by information technology systems.  These data and information are highly valuable and helpful as a source of information for national economic analysis and policy decision making as well as simplification of new procedures, simplified data handling, and access to market information for farmers and consumers to be able to compete in the market and decide based on their benefits. All these achievements are acquired by strong cooperation and effort of all stakeholders. 

From now on, there is a great deal of work and responsibilities that waited for all of us to carry out diligently.We are expanding our services. The Exchange added Soybean and Chickpea to the trading floor and other commodities will soon join the platform. We have also on the way to establish future and forward contacts. We are helping to store warehouse receipts as a banking guarantee (Warehouse Receipts Financing).

Just as the last decade achievements had already been addressed and recorded here, let’s aspire to the next ten years to work and produce more fruits and success. The future holds different opportunities and challenges which require a farsighted insight. Developing systems that are capable to the dynamic nature of the market and the need of market players should be given a great emphasis. Hence, I call for all stakeholders to join hands in achieving our strategic goals.  

Wondimagegnehu Negera

Chief Executive Officer