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Friday, May 24, 2013

Commodities exchange rolls out on high note

Nation Online - Commodities exchange rolls out on high note: "Commodities exchange rolls out on high note

CATEGORY: BUSINESS NEWS WRITTEN BY CHIKONDI CHIYEMBEKEZA

Davis Manyenje: Other farmers are watching price movements
Trade on the AHL Commodities Exchange (AHCX) has rolled out on a high note with 30 metric tonnes of soya beans sold on the first day at prices ranging from K160 (about 40 US cents) to K180 (45 US cents) per kilogramme.

AHCX head of operations Davis Manyenje told Nation Online on Thursday the trade, which took place at warehouses in Mponela, Dowa and Lilongwe, is expected to pick up as time goes by, largely buoyed by the government’s waiver for farmers to export their produce amid an export "

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