The Tanzania Mercantile Exchange (TMX) is the first commodity exchange in Tanzania. The exchange is established as a platform where farmers, traders, exporters and other various market actors are able to access domestic and global market and obtain a fair price in selling or buying of commodities.
TMX is an organized marketplace, providing a platform where buyers and sellers come together to trade, assured of quality, quantity, payment, and delivery.
The TMX is launching in 2018, with a goal to increase access to markets for buyers and sellers of commodities in Tanzania.
TMX firmly believes that it would achieve its main objective when a Tanzanian farmer would be able to choose his cropping pattern based on spot and futures prices disseminated by the Exchange, rather than the practice of sowing a crop based on current prices.
For more info visit TMX Oficial website