Spot Price of Cashew Kernel in Vietnam in W41

In October 2022, large Vietnamese exporters of Cashew kernel are slowing down or stopping exports, causing inventory pressure in the domestic market. In W41, the spot price for W320 is USD 2.45-2.55/lb, but small factories are accepting to sell at a discounted price of USD 0.05-0.10/lb to free up warehouses. For contracts signed for long delivery from January to March 2023, the price is USD 2.40-2.45/lb.