Oromia region decides to incline towards vertical integration trading which has sharply shrunk the coffee product supplied to the electronic trading platform, Ethiopian Commodity Exchange (ECX), according to Capital Newspaper.
Particularly in the past budget year, a significant volume of coffee was exported through vertical integration, a scheme that connected exporters directly to suppliers or farmers rather than a platform facilitated by ECX.
“The regional administration at senior level has decided this year’s harvest to be sold through the new scheme rather than ECX,” a source told Capital. Based on that, most of the beans which is the major export commodity of Ethiopia which is sourced from Oromia will not trade at ECX.
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