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CASHEW MARKET REPORT

Date 05.Mar.2026

The cashew kernel export market is quite deserted due to a lack of buyers. Purchasing power of cashew kernels for the second, third and fourth quarters of 2026 is still weak.

Date 05.Mar.2026

The cashew kernel export market is quite deserted due to a lack of buyers. Purchasing power of cashew kernels for the second, third and fourth quarters of 2026 is still weak.

The number of cashew nuts offers is decreasing. Many sellers have also stopped offering their goods to observe market developments. There are concerns that all costs will increase due to the recent sharp rise in world oil prices because of the war in Iran. Currently, the average oil price in Vietnam has increased by 20-22% compared to the average price in February.

In contrast to the cashew kernel market, raw cashew prices are being offered at higher prices. Currently, the price of Vietnamese raw cashew material is being offered from $1,580 to $1,630/ton, 52-53 lbs outturn.

The conflict in the Middle East remains complex. Currently, all shipping companies have announced a temporary suspension of all voyages to the Middle East until further notice. In additional, a mandatory surcharge of about 700 USD - 800 USD/container will apply to all affected shipments, without exception, to cover deviation costs.

EXCHANGE RATE

1 USD = 26,007.00 VND             1 EUR =  30,044.51 VND

REFERRENCE PRICE FROM BRC PACKERS

WW180$3.70 - $3.75LBW240$3.05 - $3.10DW360$2.70 - $2.75
WW210$3.50 - $3.55LBW320$2.95 - $3.00WS$2.50 - $2.55
WW240$3.23 - $3.28WW450$2.95 - $3.00LP$1.98 - $2.03
WW320$3.03 - $3.08CW320$2.90 - $2.95SP$1.43 - $1.48

UNIT: USD/LB          FOB PRICES          PACKING: 1x50 LBS

THE PRICES FROM TOP BRC PACKERS ARE ABOUT 10 CENTS/LB HIGHER



 

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Date: 08.Oct.2026In September, Vietnam exported approximately 64,800 tons of cashew kernels. Total exports in the first 9 months of the year reached approximately 543,000 tons, valued at $3.844 billion. Of which:
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Date: 01.Oct.2026The cashew kernel export market continued to be quiet. Purchasing demand is still limited.
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Date: 24.Sep.2026There has been a return of buyers from Europe and the U.S. however purchasing power has not recovered yet. There were only a few successful transactions for prompt and short-term shipments. There was virtually no demand for cashew kernels for the first quarter of 2027.
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Date: 10.Sep.2026The export cashew kernel market has yet to show any signs of recovery. Only a few scattered buyers are currently active in the market.
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Date: 03.Sep.2026Purchasing demand of cashew kernels for the fourth quarter is very low. The cashew kernels market is deserted because there are no buyers.
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