On-the-Ground Updates

Tanzanian Farmers Agreed to Auction off 343MT of Cashews at the TANECU Cooperative Union

Cashew Nut Kernel

Raw Cashew Nut

Tanzania

Market & Price Trends

Sanje Lufwelo

Published Jan 16, 2023

Tanzanian farmers agreed to sell 343MT of standard-grade raw cashew nuts at the 13th auction conducted by the TANECU cooperative union in the Tandahimba District. The highest bid price was USD 0.69/kg (Tsh. 1605), and the lowest bid offer was USD 0.69/kg (Tsh. 1604). Meanwhile, the MAMCU Cooperative Union announced it would end the season during its 11th auction, the last one conducted on January 6, 2023.

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