Back from the Road: Addis Ababa, Ethiopia, The Direct Specialty Trade Auction3-10-10
As you may know, about a year ago and half ago Ethiopia radically changed the way coffee was traded throughout the country. A trading platform called the Ethiopian Commodity Exchange (ECX for short) emerged and the old auction system was done away with. The new system focused on real-time pricing and trading broken down for virtually every unique region and processing style within Ethiopia.
Our Head Roaster Tim Hill traveled to Ethiopia to attend the inaugural Direct Specialty Trade Auction and filed a report about the experience.
Read Tim's full report from Addis Ababa, Ethiopia, in our COFFEE ORIGINS section.