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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: 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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Date: 27.Aug.2026A few buyers have come back to the market however, purchasing power remains limited. There were not many successful transactions on the market.
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Date: 20.Aug.2026The first half of August passed however, the export market remains sluggish. Many buyers have not yet returned to the market, and demand for the fourth quarter remains very weak.
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Date: 13.Aug.2026There is no demand for cashew kernels from buyers. Therefore, the export market for cashew kernels is getting quieter day by day.
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Date: 06.Aug.2026Buying demand for cashew kernels in the remaining months of the year is still very weak. There are very few buyers in the market.
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Date: 30.Jul.2026According to the latest decision issued by the United States Trade Representative (USTR), the U.S government will impose an additional tariff of 12.5% under Section 301 on goods imported from Vietnam starting 24th July 2026. However, cashew kernel is included in the list of goods exempt from this additional tariff.
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