Self-financed soya, wheat and barley farmers and private contractors can now freely trade freely on the Zimbabwe Mercantile Exchange (ZMX) as government has liberalized marketing and trade in these commodities.
“ZMX is pleased to advise stakeholders of the following important developments in the trading of agricultural commodities; Liberalisation of Soyabean, Wheat and Barley Trading (SI 129 & 130) Marketing and trading of Soyabean, Wheat and Barley has been liberalized following the gazetting of Statutory Instruments 129 and 130 by the Government of Zimbabwe on 21 July 2023. Self-financed farmers and private contractors may now sell these commodities through ZMX,” ZMX said in statement, Tuesday.
Additional Commodities on the ZMX Weekly Auction
ZMX is pleased to announce the addition of more commodities on its weekly auction held every Wednesday. The following is the updated list of commodities tradable on the auction with effect from 2 August 2023;
Maize
Soyabean
Sugar Beans
Sunflower
White Sorghum
Red Sorghum
Wheat
How to Participate
Those interested in participating on the auction are required to register with both ZMX and Agricultural Marketing Authority (AMA) as required by the law.
Once registered, farmers and contractors can deposit their commodity into ZMX certified warehouses and receive warehouse receipts that will be used for trading.
The ZMX auction is conducted weekly online every Wednesday from 8:00 am to 4:00pm and is in accordance with the ZMX Trading Rules gazetted in Statutory Instrument 184 of 2021.
For further information on how to participate on the ZMX auction, please visit www.zmx.co.zw or contact customer service team via email at info@zmx.co.zw or by WhatsApp on +263 775 188 102 or call office numbers +263 24 2754842. You may also send inquiries to info@zmx.co.zw.
