GCX Ghana Commodity Exchange
GCX Ghana Commodity Exchange is a commodity trading company in Accra, Ghana trading Grains. View company details on the Trados directory.
- Location: Accra, Ghana
- Commodities: Grains
- Website: https://www.gcx.com.gh/
- Verification status: Listed, unclaimed
About GCX Ghana Commodity Exchange
Ghana Commodity Exchange (GCX) is a regulated marketplace established in November 2018, operating as a Public Private Partnership with the Government of Ghana. It connects buyers and sellers of agricultural commodities, ensuring quality and prompt settlement. GCX serves as an electronic trading platform for agricultural producers, smallholder farmers, traders, and buyers, promoting competitive pricing and efficient price discovery in Ghana's agricultural sector. GCX primarily trades spot contracts for various commodities, including white and yellow maize, rice, soybeans, sorghum, sesame, millet, and cashew nuts. The exchange has facilitated significant trade volumes, with approximately 50,000 metric tons of commodities valued at over GHS 280 million by 2023. It offers a transparent trading environment with standardized contracts and quick payment settlements. Membership options include Associate Members for smallholder farmers and Trader/Broker Members for brokers and aggregators, along with financial services like Warehouse Receipt Financing and Aggregation Financing. GCX aims to enhance farmer livelihoods and support market integrity while contributing to the growth of Ghana's agricultural economy.