Tanzanian Farmers Agreed to Auction off 4,900MT of Cashews at the MAMCU Cooperative Union

Tanzanian farmers agreed to sell 4,900MT of standard-grade raw cashew nuts at the auction conducted on December 9 by MAMCU Cooperative Union at Masasi Town in the Mtwara region. The highest bid price was USD 0.83/kg (TZS 1945), and the lowest bid offer was USD 0.73/kg (TZS 1700). 15 companies participated in bidding for this auction.