<|begin_of_text|><|begin_of_text|><|begin_of_text|>NAIROBI (Reuters) - The global price of cashew nuts has jumped nearly 10 percent over the past week, after Tanzania’s government started buying the entire country’s stock at a higher price, a trader said.
Growers of<wm> the African staple have been selling their nuts at current prices, while demand remains steady, according to the minister of agriculture and rural infrastructure, Iwe Kambaku. However, the trade imbalance is set to benefit the Ministry of Land, Agriculture and Livestock.
Trade imbalance means that if the nut-producing countries of the region are unable to sell their nuts at a comparable price they are left out in trade and lose out in revenue.
Tanzania had in January declared war against the Democratic Republic of</wm> Congo and Burundi for refusing to sell their respective nuts at market price. However, the trade imbalance