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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: 26.Mar.2026The first quarter of 2026 is considered over, but the geopolitical situation in the world remains unstable. The second quarter of 2026 is about to begin with unpredictable fluctuations. Rising oil prices are exacerbating inflation. Market instability has significantly reduced the demand for cashew kernels.
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Date: 19.Mar.2026The export market for cashew kernels is operating slowly. There aren’t many buyers and sellers on the market.
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Date: 12.Mar.2026The cashew nuts market is very sluggish although some buyers have returned with purchasing plans for the second and third quarters.
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Date: 26.Feb.2026The Lunar New Year holiday is ended. Cashew kernel trading activity is sluggish, similar to the period during the Lunar New Year holiday. There were only a few buying demands for short-term shipment.
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Date: 05.Feb.2026The export market is showing signs of improvement . Although purchasing power is not strong.
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Date: 29.Jan.2026The cashew kernel export market still shows no signs of recovery. Many sellers are also leaving the market due to a lack of buyers.
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