Benefits of the Kenya Commodities Exchange :-
Common Benefits to all the Commodities Market
Participants:-
- Access to the National Electronic Commodities Market
- No Counter Party risk (Central Counter-Party Model)
- Guarantee of Settlement through banks and warehouses
- Availability of grading and standardisation through professional agencies
Benefits to the Farmers:-
- The best possible price on sale of agriculture produce
- Increase in holding capacity due to easy access to warehouses
- Direct sale to the users
- Increase in the negotiating power
- Reduced cost of handling and other activities
- Availability of Warehouse Receipt Financing
Benefits to the Traders:-
- Common platform for buying and selling commodities
- Possibility of procurement and disposal in bulk
- Business expansion to multiple commodities through