MTWARA, Nov. 10 -- TANZANIA has conducted its first auction for raw cashew nuts for the 2025/2026 season, with farmers selling their produce at prices ranging between 3,520/- and 2,550/- per kilogramme.

The auction, conducted by the TandahimbaNewala Cooperative Union (TANECU), took place over the weekend in Tandahimba District, Mtwara Region.

A total of 26,254 tonnes of raw cashew nuts were sold through an online platform under the Tanzania Mercantile Exchange (TMX). Speaking shortly after the auction, several cashew growers expressed optimism that prices would continue to rise as more auctions take place.

“We thank God for these prices. This is the first auction and we hope prices will increase as the season continues,” sa...