On-the-Ground Updates

Vietnamese Cashew Market Remains Quiet but Prices Have Stabilised

Cashew Nut Kernel
Raw Cashew Nut
Vietnam
Market & Price Trends
Alex Zeid
Published Sep 30, 2022
The Vietnamese cashew market remains quiet but appears to have stabilised. Slowdown in Vietnamese production combined with sporadic buying from various markets has at least temporarily halted falling prices. FH September exports were very poor from Vietnam, even compared to the last three months, which already saw a marked slowdown in exports.

CIF - Price indications - EU-port:
Cashew W240 – BRC-packer
Origin: African or Vietnamese
Shipment = Oct – Dec: USD 2.95/lbs
Shipment = Jan – June: USD 3.00/lbs

Cashew W320 – BRC-packer
Origin: African or Vietnamese
Shipment = Oct – Dec 2022: USD 2.80/lbs
Shipment = Jan – June 2023: USD 2.85/lbs

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