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Ethiopia to trade specialty coffee locally
ADDIS ABABA (Reuters) -
Ethiopia plans to move the trade in its specialty coffee to an Addis Ababa-based commodities exchange instead of the current channel of selling the beans at auctions overseas, a senior trade official said.
Eleni Gebre-Madhin, Chief Executive Officer at the Ethiopian Commodity Exchange (ECX) said up to 30 percent of the country's produce is classified as specialty beans but that higher prices for the fine coffees were not trickling down to farmers.
Read Complete Report from Reuters ...
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