A study case on coffee (Coffea arabica): Limu Coffe - IRD
A study case on coffee (Coffea arabica): Limu Coffe - IRD
A study case on coffee (Coffea arabica): Limu Coffe - IRD
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The Ethiopian Commodity Exchange Authority warehouse(s) and exchange places<br />
ECX warehouse locati<strong>on</strong> is in Addis Abeba, and the c<strong>on</strong>cerned authority plans to<br />
c<strong>on</strong>struct other <strong>on</strong>es, am<strong>on</strong>g those <strong>on</strong>e in Jima. What about the transacti<strong>on</strong>s?<br />
Standard lot size 150 bags with a net weight of 64 kg for<br />
washed <strong>coffee</strong> and 85 kg for unwashed.<br />
Maximum order size Maximum number of c<strong>on</strong>tracts a member can<br />
transact in a single transacti<strong>on</strong>: 20 lots.<br />
Daily positi<strong>on</strong> limit Maximum number of lots a member may<br />
Quotati<strong>on</strong> factor Birr/feresulla<br />
transact in a single day: 200 lots for himself<br />
and all his clients, and 50 lots for him or a<br />
single client.<br />
Daily price filter Maximum percentage range relative to the<br />
previous day’s closing price outside of which<br />
offer and bid prices may not fall or rise: 5%.<br />
Warehouse receipt All <strong>coffee</strong> must be under the supervisi<strong>on</strong> and<br />
c<strong>on</strong>trol of ECX warehouse before trade can<br />
be d<strong>on</strong>e. Such warehouse receipt can be<br />
traded <strong>on</strong>ly <strong>on</strong>ce between <strong>coffee</strong> supplier and<br />
exporter.<br />
Warehouse receipt expirati<strong>on</strong> period Available for trading for a period <strong>on</strong> 90 days<br />
from the day of deposit. Once traded the<br />
warehouse receipt will expire <strong>on</strong> the<br />
executi<strong>on</strong> of the trade.<br />
Pay-in of funds Time when funds will be withdrawn from<br />
buyer pay-in accounts: <strong>on</strong> T+1 (Trade + <strong>on</strong>e<br />
working day).<br />
Pay-out of funds Time when funds will be deposited into<br />
seller pay-out account: <strong>on</strong> T+1<br />
Exchange transacti<strong>on</strong> fee 0.2% of transacti<strong>on</strong> value<br />
Handling and product certificati<strong>on</strong> fee Sampling and grading, weighting, loading<br />
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