A quintal of green mung bean sold for a record-high price of 6,357 Birr today during a trading at Ethiopian Commodity Exchange.
Even though the price of the item has been rising over the last eight months, it was falling between March 30 and April 1, 2020, even reaching as low as 5500 Birr.
The latest record-high offer is made at a time when the international demand for the commodity reaches climax.
Ethiopian exporters have seen a drastic increase in number of future contracts that they receive from international suppliers, especially importers based in China.
Average trading price of green mung bean has more than doubled since last year.