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