PATER bo KEANE KPHEALE ETHAN ATER! PCV ME VAAN THE FEDERAL DEMOCRATIC REPUBLIC OF ETHIOPIA ETHIOPIA COMMODITY EXCHANGE AUTHORITY 13. TC 0B ai IB e ’ i 22 spn 2021 }) ALTER! PCH ME Aa ANG Sa ae et TAR POLPOMY PWAT OA TAAL NATTADYE PATA! PCP ME AADAN MCR PC 13 4 2013 4.9. AAT ANNA HaeaE PCT ME MLNS kPC h.9.1./01-2503-13/13 MF VAN BO 4H 2013 9.9", MEA. SN Wirt PC 3 fF 2013 4.9. OR AALAM MM. NELLIO KAMAN, covrd? delay PHATE TL AL OCH MICIC Norw@eed PbAD? O's WTI: PAI MER HAA ao FT FILG ME ACTH MC AVvAN B 44 2013 4.9%. nen, #PC 317/0107/539/13 O% PCT MPa NM LMA, ewer Nahan.ar PALI DAN HANA AT COTA Ure NIP OE NIN wX CT ane TG OM LIN VNLOWd LEMEDM> AHA, WAT O8 PCT Wear Pavey ov rs APEIL POA PUVAAE NILLINED PMLPP TU. OU'rd NaoPd PCH Der CTH LO VAAN WE SOLANTEU: OL IFN PCH ME ALLI@ 1918) GALT TC oN LIN MLO TLC hee PVA PCV ONT MAME WIC MA MLK PMOL MLO: Pare} OME WIKI MILLI LANA Nié-0, F ANPEAS TO AIATO WASTE PLLLC ITO OVD SHLATVT DLE MAMAN beN MTL OA HOLELAH AAILY PbTitiA@ PPC ISO PwALT OA NCH LOLFO NAVY DALIAN TR AL, FAADATD HA PtH NIL 6 TR PH, hiv: LMA ANE NILLT LAND OUD APIART NAGY OL FC HAIN ATA HA TaN 8 AAAS ICT IMTS MWuleeC AMP GAD Adar ELMANLTTE HTC LTH Please quote our reference when replying aan nt rte le MO = ARE Tel. +251 11 550 24 81/82 Fax. +251 115503265 —P.0.Box: 25722 Code 1000 Addis Ababa, EthiopiaECX) ECX Sesame Contracts ( —f——————* Sesame Contracts 1. CONTRACT CLASSIFICATIONS AND DELIVERY CENTRES TSeameTyper el a ae es peace ee. La eg es Wish 1234506 (Including Shigiie Kebel), Sett Humera, Wort Humera/Gonder Tsagetie, Wokat Megue, Tsebt, Koran Adios: weet Sesame Seed Delesa, Maygeba, Mache, Aaifereg, Dolesonchh diccoad Adichenger, Adfno, Chagurs) Wish Mu. | “6S” [7234506 | elene, Qusra, Adapne ageré Chanks (ang aa NOGIGE Humerarsonder | Mit) Bahire) and suroundings (except Barbaho, Kiniipe se Secame Seed and Mugichi) Which (Can" | MNOS] 7234806 [Task amaanie Tessie — (eee Soka — are: HumeratGonaer | “(any Mokesogogebya, Sogalo),. Kezkex ftom’ dew Bankare Sesame Seod inibipershoa, “and “Mugichit from “Quara’end ean ii Surrouncings except Alange and Negad Satire” Wntah diay | “TSS | ¥2345U5 [West emaciono ( Abtobiie: Asser aaa Gabi, Humera/Gonder | Sagas) ‘Sianuha, Meharsh and Zemencmerks, Tegede lose Sesame Seed and Misia Wah “gor | “MSS | 1284506 | Tectent, Asgode TembtTahay Aajaie- Leap Rayato, HumerarGonder | “(gay Medebay Zana, Naeder Adel, Mereb Leh, Koo’ Hoe Sesame Seed TanKoa Abergele and Sehert Sane Waiiah Pawi | WHGS | 7234506 HumerarGonder | wy Secame Seed whitch Dansha | WHGS T2345 06 Humera/Gonder | (OAs Sesame Seed Mined Mang” | “SSM | 1254806 | Kata rumors (nuda Shigie Kapaa) Seu Fumera, HumeraiGender | "ing Wokat. Tsegede. and. Wola” (Mogue” Teeby, ee Sesame Seed Aalgamus, “Kesad Deless, “Maygsba, Nachos," Angra Deletakokn,Acisagla,Acichengor, Ado, Charen) ined Mam” | GS” | ¥2845UG | wotoma, Guar, Adsone agare Chanksfaimow oo Nagade | HumeraGonder | “wy Bahir) and suroundngs (oxcept Barbone Wah ene Sesame Sead and Mugichiy ‘xed SG" | PCS | 1288806 [Toss Amacika, —Tepeae — Game ora. Bare, HumerafGonder | “(ens Makesogogebya, Sogalo),” Kezkez fran Jew” Bonere Sesame Seed Kinbiparshoa, “and Magic from “Guana end Speen Surroundings except Alange and Need one cea ee | MAGS | T23ABUG (West amackano aaa egee Kormunier Saba, HumerarGonder | ive 3) Starwna, Meharsh and: Zortenemere, Tegedo Mociog Sesame Seed and Misa liked ap. | OS | 2Sa5UG | Teen aagede Embrey Reyes Tadley Adjabe; HumeretGonaer | “gry Medebay Zana, Naoder’ Adel Hered Leh, Kale, Women Sesame Seed Tankya Abergele, Senarl Some Ted Gam | MMOS [3258506 | amt A (enzen conker bar tumera/Gonder | (en) Shimel Epi and Mariam Woh ne : Sesame Sead Kaba, Work Ager, Kumi “ar 5, Alkurand, Swatamp, ima Gebreal Ade Woy, 8 Works Tea Danske V2S45UG | Teogedo (Darsha, Dedebl, Yetatle, mavtleie- Woe fumeraiGonder | fay Maylomine, Hadinete, Alomgenete, Gicheniaseney as) ‘esame Seed Welalte (Endabo, Selam, Rebsioms) tIECX Sesame Contracts 15 | Whitsh Wollega | Assossa | WWSS | 1,2.3.4,5,UG | Adabuldeglu, Sitba Abay, Mao Komo, Bambasi, Assossa, Sesame Seed- | (AS) Shetkole, Homshe, Mengie, Kumruk, Kemashi, Agelo Wet: Yaso, and surroundings. | | 76 | Whiish Wolega [Bure | WWSS__| 12.345 UG | Bure and Surroundings Sesame Seed (ER) 17 | Whitsn Woliega | Nekemie | WWWSS | 12345 | Bolodge envoy, Kelam Wolega, West Wolega, Fast Wolega, | Sesame Seed (NK) Horogudru Wollege,Ilubabor, Jimma and suroundings, | iB | Whiish Woiega | Soddo | WAS |7234,5,UG | Wellaita, Kembata Tembaro, Gamo, Goffe, Dawro, South Omo, | Sesame Seed ©) and surounding area | i | Whiish Wollega | Addis] WWWSS_| T254,5UG | Guji, Sidama, Gurege, Gambella, Kala, Shaka, Bench Wajiand | Sesame Seed | Ababa surrounding area | AA) | 30 Whiish Wolega | Paw | WWSS__|1.2.34.5,UG | Bulen, Pawe, Dibatie, Dangur, Mandura, Wonbera, Guba, Werk | Sesame Seed em Meda, Fenda, Jawi B (Oi Maram, Buni jara and Deq zeregent), 2 | Mined Wolega | Aseossa | MWSS [1234.5 UG | Adabulieglu, Sirba Abay, Mao Komo, Bambasi, Assossa, | Sesame Seed (as) Sherkole, Homsha, Mengie, Kumruk, Kemashi, Agelo Meti, | YYaso, and surroundings. | | Mined Wollega Bure | MWS) 7234.5 UG | Bure and Suroundings Sesame Seed— | _(BR) B ‘Wallega | Nekemie | MWSS | 7.2345,UG | Bolodge Genfoy, Kelem Wolega, West Wollega, Eaet Wollega, Sesame Seed- | (NK) Horogudru Wellega,lubabor,Jinma and Surroundings. 34 [Wed Woleva | Soddo @) | MWSS | 72345 UG | Woleita, Kembata Tembaro, Gamo, Goffa, Dawro, South Omo, Sesame Seed and surounding area [Mixed Wolega | Addis | MWS [72.345 UG | Guj, Sidama, Gurage, Gambella, Kafa, Shaka, Bench Maj and Sesame Seed | Ababa surrounding area way 26 | Mixed Wolega Pawi | MWSS | 1.234,5UG | Bulen, Pawe, Dibalie, Dangur, Mandura, Wonbera, Guba, Werk Sesame Seed ew) Meds, Fendika, Jawi B (Dir Mariam, Buni jara and Deq zeregent, 27 | Reddish Sesame | Addis | ROSS | 1234506 | Dessie, Belessa, Kemissie, and Surroundings Seed ‘Ababata z A) 2B | Med Reddish | Addis) WRSS | T2SA5UG | Dessie, Belessa, Kemisse, and Surroundings Sesame Seed | Ababa (aa) = 2, SESAME GRADING PARAMETERS 2.4 GENERAL REQUIREMENTS ‘Sesame Seeds shall have a good natural color, fee of objectionable odor, contains no weevil and other lve insect causing damage, free fom visble mou fre fom glass and metal ragmenf, fee srim toxic seeds and have @ nent fee ‘maximum moisture content of 10.0% by weight. 2.2 DEFINITIONS Moisture Content “Tine mofsture coniant, expressed on a wet Weight bases, shall be determined using an approved moisture meter. sg is Seas Saath, SSSR «Ta an Sean asin wo Ect ol ener eed Per ie eg a Foreign matter Anyze) G x) ECX Sesame Contracts ‘arth, sand, dust, stones, olher crops seeds, detached seed coals and the likes, DSW ‘Rayihing other than sound Sesame Seods, which will pass through a 1.0 mm round hole sieve and sorted matter on the purty work board. These are seeds affected by natural or man made factor as a whole and piece of sesame seed which are distinctly: Heat damage, Germ damage Mold damage, Weevil led (Insect damage) Sprouted, Spit, Immature, Shrveled, Broken kernel and Other damage Weevil and __ live | Weevels, live insect and pests that affect and cause damage on sesame seed sect causing damage ‘Good Natural Color “The natural appearance of the grain, which is pure and has not been affected by natural or man-made factors ‘Objectionable Odor ‘Unpleasant smell that is caused by weathering, chemical contamination, mould Infection, disease or damage caused by insect Contrasting Colour “Sesame Seed which differs in colour from the predominant cass, 2.3 GRADING PARAMETERS: 4. Whitish Humora/Gondar Sesame Sood and Reddish Sesame Seed Parameters Grade | Grade2| Grade | Grade | Grades UG 4 3 4 “Total impurily (Foreign Matter and DSW) max [1 3 6 Z 70 5 Se by weight Contrasting Color, max % by weight i 2 3 z @ 7 2. Whitish Wollega Sesame Seed Parameters Grade | Grade | GradeS | Grade | Grade us 1 2 4 5 “Total Impurity (Foreign Matier and DSW) | 1 5 5 7 10 20 max % by weight Contrasting Color, max % by weight a 2z z z 3 cr) 3, Mixed Humera/Gondar Sesame Seed and Mixed Reddish Sesame Seed Parameters Grade | Grade | Grade | Grade ] Grades us ] 4 2 3 4 | “Total impurily (Foreign Matter and 1 3 6 7 70 6 DSW) max % by weight Contrasting Color, % by weight 37 4, Mixed Wollega Sesame Seed Paramelers Grade | Grade2 | Grados | Grade4] Grade] UG 1 5 “Talal Impurity (Foreign Matier and DSW) [7 a 3 7 10 2 max % by weight Contrasting Color, 9 By weight >i ‘The lower of two grading paramé Sesame Contracts ~ i \ \, aSECX Sesame Contracts SUBSTANDARD ‘Sesame seed shall be deemed to comply with this standard if upon inspection and grading the provision in the above Clauses are satisfied. Sesame seed which does not mest the requirements of the above clauses is considered as substandard and the owner shall treat the product to comply with the above requirements, PACKAGING. Packaging Each grade of Sesame shell be packed in clean and sound 60 Kg or 100 kg_ capacity polypropylene (PP) bags used no more than once prior to deposit. Delivery will be effective on Net ‘Weight basis, which implies that weighing of Sesame wil be done on exclusive of bags basis and no additional payment will be given for the cost of bag, ‘SAMPLING PROCEDURES “Sampling and analysis af time of deposit and delivery. ‘Conduct sampling and grading analysis using ECX standards ‘Sampling procedure “Sampling procedure based on ECX standards Faling of sampie ‘Owner of the commodily has the right fo request an appeal of the sample and/or grade to the branch head for the first failure land the branch head shall communicate the ECX Quality Unit {or proper direction and settlement Dispute settlement if agreement is not reached on primary Gaim third parly appeal shall be proceeded to QSAE as per the appeal procedure 3. STANDARD TRADING TERMS a SSS SEES (ia 50 Quintal increments) Trading unit 50 quintals net weight ‘Tolerance limit:4% Waximum order size ‘Maximum order size represents the maximum number of contracis that a Member may transact in a single transaction: 8 contracts or 400 quintals Tick size (minimum price movement) ‘Minimum price increment or decrement that price may be quoted: 41 Birr Daily Position Limit ‘The Dally Position Limit Is the tolal quantity @ member or @ client is allowed to buy or sel during a trading session: “For members collectively for himself and his cients -1000I0ts = For members for only himself or a single client 200 lots | Dally price filter ‘The dally price fiter is the maximum percentage range, relative fo the previous day's closing price, outside of which offer and bid prices may not fall or rise. ECX may change these limits from time to time, (on a pre-announced basis 5% Warehouse Receipt ‘AIL Wansaciions must be based on ECX Warehouse Receipt, indicating that commodities are in deposit in an ECX operated or certfed warehouse prior to trade. Such warehouse receipt can be ‘faded only once between 41. A producer or supplier and exporter or 2. ‘An exporter and another exporter for the re-trade of less than a container of volume which remains frm an export "The Warehousé receipt will be avaliable for trading for @ period of 50 | sfosit. Once ttaded, the warehouse receipt wilFan Oa es ECX Sesame Contracts ‘expire on the execulon ofthe trade Penally on warehoused goods after expiration | A penalty of 3.5% per day calculated on the Wadable value using the closing price of the same grade as the warehoused goods will be applied alter the expty of warehouse receipts. However, if the last date of the warehouse receipts expiry fall on Saturday, Sunday or a Public Holiday, the Exchange shall exempt the depositor from penalty for such date. Contract quote basis ‘Al prices will be quoted "Ex. Warehouse", exclusive of taxes, fees ‘and charges. ‘Quotation Factor Prices are represented in Bir per Guintal Trading session Monday through Friday, withthe exception of public holidays. Paysn of Funds (Time when funds wil be withdrawn from buyer pay.n accounts). STANDARD SETTLEMENT TERMS ‘On Next business Day (T*1) Pay-out of Funds (Time when funds will be deposited into seller pay-out account) Moisture loss adjustment Next Business day (T#4) The weight is adjusted at setlement for moisture loss during the storage period- For seller-0.15 % flat rale up on settlement For Buyer- 0.025 % flat rate up on settlement Weight Tolerance Adjustment ‘The tolerance for diference between exacl veight recorded and the contract standard weight is adjusted at settlement Exchange transaction fee ‘0.4 % of transaction value to buyer and seller each Handing and Product Gerification fee ‘Sampling and grading, weighting, loading and unloading fees. Buyer- Birr 08.00 per bap/quintal Seller- Birr 05.00 Per bag/quintal ‘Warshouse Storage charge Firat Month Birr 0.16 Birr per bag/quinial per day for the T™ 30 days | ‘and Birr 0.32 Birr per bagiquintal per day thereafter Sellement Dates Dally, Monday through Salurday except public holidays, ECX Sesame Contracts - January 2021 Page 5m co ECX Sesame Contracts 8. STANDARD DELIVERY TERMS (Member must fill out a pick up notice (PUN) before picking up goods) TECK Warehouse & Delvery Genter Tay | |Adsis Ababa, Melema, Bure) Nekempte| Humeray Gonder Shiraro, | Dansha, brotha Jira, Pawi, Asossa and Soddo i Delivery Notice ‘Next working day after the trade day (delivered to the Member representing the buyer) Pick Up Notice “After delivery notice Is issued but before trade plus ten (T#10) calendar days. Delivery Period (Number of days the buyer will have to pick Up the lots from the warehouse without paying addtional charges) “Trade plus ten (T#10) calendar days Failure to Pick up Buyer 1s responsible for making arrangement to pick up commodity within the delivery period (T+10). There will be a 1% charge per day of the value of the trade if buyer fails to pick up goods from ‘warehouse after the allotted time. However, ifthe last date of pick up fall on Saturday, Sunday or a Public Holiday, the Exchange shall ‘exempt the buyer from penalty for such date. Extension of Delvery Period ‘As per the Exchange decision due to a force measure or based on other written request ECX Sesame Contracts - January 2021 Page6