On-the-Ground Update

Cashew Prices in Turkey Are Expected to Increase Towards the End of November

Gokce Yayimli
Published Nov 1, 2022
Raw cashew kernels in size WW320 from Vietnam are priced at USD 6.4/kg at the Mersin port prior to import and around USD 8.2/kg at wholesale. The prices are expected to increase towards the end of November due to the expected surge in consumer spending with Christmas and New Year's Eve approaching. Cashew importers and wholesalers are expected to experience an increase in cashew sales in late November and early December from Turkish retailers and sellers who will increase their stock levels in preparation for the expected demand increase.
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