Mozambique: Ban on cashew sales before the official start date reinforced

Published 2024년 10월 11일

Tridge summary

A new regulation in Mozambique has strengthened the ban on selling cashew nuts before the official start of the 2024-2025 marketing campaign, aiming to increase the quantity and quality of the product sold. The Almonds Institute of Mozambique (IAM) has set a reference purchase price of 45.00 meticais per kilogram for the marketing campaign, which will be updated based on international market fluctuations. Trade and industry associations are encouraged to promote and comply with marketing procedures, and prices at the secondary level will be set based on product quality and mutual agreement. The marketing of cashew nuts will be conducted through transactions involving actors registered with the IAM or local administrative authorities delegated by it.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The ban on carrying out selling cashew nuts before the official start date of the 2024-2025 marketing campaign established for each territorial area has been reinforced, within the framework of a new regulation made public this week. According to the Almonds Institute of Mozambique (IAM), the establishment of rules and procedures to be observed in the harvest marketing is an important instrument for materialising the subsector’s strategy to increase the quantity, and improve the quality of the product sold. During the first session of the Almond Committee, on September 13, 2024, a reference purchase price of cashew nuts from the producer of 45.00 meticais per kilogram was approved for the 2024-2025 marketing campaign. According to the IAM, the reference price will be updated whenever there is a significant fluctuation in the international market. In this context, trade and industry associations should collaborate with local and community administrative authorities in publicising ...

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