GEJWM1   1500  -  0 
GEJWM2   1340  -  0 
GEJWM3   1480  -  0 
GEJWM4   1380  -  0 
GEJYM2   1340  -  0 
GEJYM3   1400  -  0 
GKUWM1   1480  -  0 
GKUWM2   1440  -  0 
GKUWM3   1250  -  0 
GKUWM4   1210  -  0 
GKUYM1   1480  -  0 
GKUYM4   1350  -  0 
GSAWM1   1340  -  0 
GSAWM2   1340  -  0 
GSAWSS4   5400  -  0 
GSAYM1   1340  -  0 
GTAWM2   1340  -  0 
GTAWM3   1384  -  0 
GTAWSO4   1500  -  0 
GTAYM1   1480  -  0 
GTAYM2   1350  -  0 
GTUYM1   1400  -  0 
GWAWM1   1340  -  0 
GWAWM2   1340  -  0 
GWAWM3   1400  -  0 
GWAYM1   1479  -  0 
GWAYM2   1340  -  0 
GWAYSB1   2400  -  0 
GWEWM1   1450  -  0 
GWEWM2   1437  -  0 
GWEYM1   1400  -  0 
GWEYM2   1350  -  0 
GTAYSB1   1800  -  0 
GTAYSB2   2275  -  0 
    

Commodities | Ghana Commodity Exchange

Sesame image


SESAME SEED

 

As the Ghana Commodity Exchange continues its journey towards a sea change in the economy of Ghana by creating prosperity for all in commodity value chains, plans have been put in motion for the launch of sesame seed trading. This is in keeping with the Exchange’s mission to promote standardisation of agricultural production in the country; and also with its status as the first functional commodity exchange in West Africa where the Ghana Commodity Exchange seeks to push boundaries and break new grounds.

Much as it has with the maize value chain in Ghana, and that of soya bean for that matter, GCX aims to transform both the sesame seed trading apparatus of Ghana and provide efficient solutions to the challenges that plague the country’s agricultural infrastructure with regards to these commodities.

The decision taken by GCX to launch the trading of sesame seed is in response to the growing interest from stakeholders and market actors in the value chain; and presents an opportunity for all others to get involved in the trade of these crops to enable them reap the benefits present. The growth of sesame seed as an export product, particularly to China and the rest of the Far East, makes it one of the most economically viable crops for anyone to get involved in; while the ability of the crop itself to withstand adverse weather conditions makes it a sound investment to enter sesame seed trading.

Trading with GCX is of immense benefit to both buyers and sellers, as they get a fair and transparent price discovery process which allows traders to determine the prices for their produce with a competitive market process through its e-trading platform. This also allows traders to obtain the best price for their commodities through a reliable and equitable market.

Ghana Commodity Exchange seeks to standardise sesame seed trading in Ghana with its grading system to enable buyers and sellers appropriately judge the quality of the produce they trade. This standardisation would, in addition, provide traders of both commodities the opportunity to reach international markets with their commodity since the quality is assured by the GCX grading system and the GCX grain testing and maintenance facilities. These innovations give farmers the chance to further enhance the value of their produce and make it a much more attractive option on the international market.

The launch of sesame seed trading by GCX is a significant event for Ghana as a country and is only the next step towards the transformation of Ghana’s economy through agricultural growth and making Ghana the hub of agricultural trade in West Africa.


Sesame Contract