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CASHEW MARKET REPORT

Date: 17.Jul.2025

The cashew export market is still in a quiet period as more and more buyers leave the market for summer vacation.

Date: 17.Jul.2025

The cashew export market is still in a quiet period as more and more buyers leave the market for summer vacation.

The price of W320 cashew nuts is fluctuating around $3.10/lb. There are some rumors in the market that the price of raw materials and cashew nuts has increased again. That is why some sellers have temporarily stopped offering cashew nuts. The amount of offers has decreased compared to the beginning of the week.

WS cashew nut is still in short supply. Most sellers do not have this grade, while some other have sold out WS by the end of the year. For this reason, the price of WS is still increasing steadily.

Domestic market is no longer bustling as it was. However, the price of cashew nuts are maintained the same levels as export prices.

Currently, some sellers started to offer cashew kernels for the first quarter of 2026.

The 14th VINACAS Golden Cashew Rendezvous 2025 will be held from 27th to 29th October 2025 in Hanoi City, Vietnam.

Below are the reference raw material prices:

• Nigeria:           1,480 usd/ ton, 49lbs outturn, 200 nuts
• Ogbomosho:  1,460 usd/ ton, 48lbs outturn, 185-195 nuts
• Ghana:            1,450 usd/ ton, 48lbs outturn, 200 nuts
• IVC:                 1,230 – 1,430 usd/ ton, 43 – 46lbs outturn, 200 nuts

EXCHANGE RATES

1 USD = 25,980.00 VND             1 EUR = 29,919.06 VND

REFERRENCE PRICE FROM BRC PACKERS

WW180$3.45 - $3.50LBW240$3.05 - $3.10DW360$2.50 - $2.55
WW210$3.30 - $3.35LBW320$2.95 - $3.00WS$2.50 - $2.55
WW240$3.15 - $3.20WW450$2.95 - $3.00LP$1.75 - $1.80
WW320$3.05 - $3.10CW320$2.95 - $3.00SP$1.35 - $1.40

 

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

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

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