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Tanzanian Raw Cashew Nut Auction Volume Dropped 42% WoW in W51

Linus Ndongwe
Updated Jan 3, 2023
A 42% WoW drop was observed in the Tanzanian raw cashew nut auctioned volume for the premium regions of Tandahimba, Newala, and Masasi from 4,262MT in W50 to 2,468MT in W51. The drop is due to Tanzania's 2022/23 raw cashew season's approaching an end. Prices for Tandahimba and Newala premium region nuts for W51 were low with the highest bid price at USD 0.78/kg, and the lowest bid offer at USD 0.73/kg.
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