CASHEW NUT MARKET – WEEK 33

* English Version
CASHEW NUT MARKET – WEEK 33 (10/08 – 15/08/2026)

The global cashew market remained slow during the week, affected by the summer holiday season in the United States and Europe. Raw cashew nut prices remained high due to limited supply, while demand for cashew kernels varied significantly across regions.

1. OVERVIEW OF THE VIETNAMESE AND INTERNATIONAL CASHEW MARKET

General Trend

The global cashew market was generally quiet during the week. In Vietnam, demand for cashew kernels declined as European and U.S. customers were on summer holidays. Some WW320 transactions were reported at around USD 3.05–3.08/lb.

Vietnam Cashew Kernel Trading Prices (FOB)

Product Grade	FOB Price (USD/lb)
WW240	3,45 – 3,60
WW320	3,08 – 3,30
WS	2,60 – 2,80
LP	2,00 – 2,20

 

Supply and Demand Trends

• Consumption demand in the U.S. and EU remained weak due to seasonal factors and the summer holiday period.
• Demand in India increased strongly due to stockpiling activities ahead of the year-end festive season.
• Raw cashew nut prices continued to remain significantly higher than cashew kernel prices, prompting processors to exercise caution in production.

2. RAW CASHEW NUT (RCN) MARKET

Market Remains Quiet

The raw cashew nut market was almost unchanged from the previous week. Trading remained limited, while asking prices continued to be maintained at levels significantly higher than current cashew kernel prices.

Reference RCN Prices, CNF Vietnam:

Origin	Outturn (Lbs)	CNF Price (USD/tons)
Côte d’Ivoire (IVC)	46/180	1.515
Ogbomosho (Nigeria)	46/180	1.500
Kogi (Nigeria)	46/185	1.465

 

Most of the raw cashew nut supply from West Africa has now been shipped to Vietnam or delivered to processing plants in Africa. According to industry experts, current inventories are sufficient to support processing activities until the new crop in East Africa.

3. VIETNAM CASHEW IMPORTS AND EXPORTS

Cashew Kernel Exports

In the first seven months of 2026, Vietnam exported 412,026 tons of cashew kernels worth approximately USD 2.9 billion, up 3.3% year on year. China continued to be Vietnam’s largest import market.

Raw Cashew Nut Imports

Vietnam’s cashew imports were valued at approximately USD 718.8 million in the early months of 2026, up about 18% year on year. Cambodia continued to be the most important source of raw cashew nuts for Vietnam’s processing industry.

International Consumption Markets

United States

U.S. cashew kernel imports reached 69,703 tons in the first six months of 2026, up 12.96% from the same period in 2025. Vietnam remained the largest supplier, with 62,618 tons, accounting for nearly 90% of total imports.

European Union (EU)

EU cashew kernel imports reached 108,019 tons during January–May 2026, up 7.08% in volume and 20.51% in value compared with the same period last year. Vietnam remained the largest supplier to the region, with 57,593 tons.

Processed Cashews from Africa

EU imports of cashew kernels from African countries reached 26,165 tons in the first half of 2026, up 43.46%. Côte d’Ivoire remained the largest supplier among these countries.

4. INTERNATIONAL CASHEW KERNEL PRICES

Reference FOB Prices

Product Grade	Vietnam (USD/Ib)
W240	3,50- 3,65
W320	3,08- 3,20
WS	2,60- 2,67
LP	2,05-2,15

Cashew kernel prices in Vietnam were generally stable. W320 remained in the range of USD 3.08–3.15/lb, while major suppliers maintained offers at around USD 3.25–3.30/lb. Large whole-kernel grades such as W180 and W210 continued to see strong demand due to limited supply.

5. SHORT-TERM OUTLOOK

The global cashew market is currently balanced but has low liquidity. Cashew kernel prices may continue to fluctuate within a narrow range as demand from the U.S. and EU has not fully recovered.

However, high raw cashew nut prices and limited spot availability of raw materials will continue to support cashew kernel prices in the coming period. The market does not expect prices to decline significantly during the remaining months of 2026.

Disclaimer: This bulletin is provided for reference purposes only and does not constitute investment advice or trading consultation. The figures, assessments, and forecasts are compiled from sources believed to be reliable at the time of publication, but absolute accuracy, completeness, or timeliness is not guaranteed. The publisher is not liable for any losses arising from the use of information in this bulletin. Readers should carefully consider and consult experts before making decisions.

 

* Chinese Version

腰果市场——第33周（2026年8月10日–8月15日）

本周全球腰果市场依然低迷，受到美国和欧洲暑期假期的影响。由于原料供应有限，生腰果价格维持高位，而各地区对腰果仁的需求差异明显。

1. 越南及国际腰果市场概况

总体趋势

本周全球腰果市场总体较为平静。在越南，由于欧洲和美国客户处于暑期假期，腰果仁需求有所下降。据报道，部分WW320成交价约为3.05–3.08美元/磅。

越南腰果仁交易价格（FOB）

产品等级	FOB价格（美元/磅）
WW240	3,45 – 3,60
WW320	3,08 – 3,30
WS	2,60 – 2,80
LP	2,00 – 2,20

 

供需趋势

• 受季节性因素及暑期假期影响，美国和欧盟的消费需求仍然疲弱。
• 由于为年底节庆季提前备货，印度市场需求明显增强。
• 生腰果价格继续显著高于腰果仁价格，促使加工商在生产方面保持谨慎。

2. 生腰果（RCN）市场

市场保持平静

生腰果市场与上周相比基本没有变化。市场交易仍然有限，而卖方报价继续维持在明显高于当前腰果仁价格的水平。

生腰果参考价格，CNF越南：

产地	出仁率（磅）	CNF价格（美元/吨）
Côte d’Ivoire (IVC)	46/180	1.515
Ogbomosho (Nigeria)	46/180	1.500
Kogi (Nigeria)	46/185	1.465

 

目前，西非大部分生腰果供应已运往越南或交付至非洲当地加工厂。据行业专家称，当前库存足以支持加工活动，直至东非新季腰果上市。

3. 越南腰果进出口

腰果仁出口

2026年前七个月，越南出口腰果仁412,026吨，出口额约29亿美元，同比增长3.3%。中国继续是越南最大的腰果仁进口市场。

生腰果进口

2026年初，越南腰果进口额约为7.188亿美元，同比增长约18%。柬埔寨继续是越南腰果加工行业最重要的生腰果供应来源。

国际消费市场

美国

2026年前六个月，美国腰果仁进口量达到69,703吨，较2025年同期增长12.96%。越南仍是最大的供应国，供应量为62,618吨，占进口总量近90%。

 

欧盟（EU）

2026年1月至5月，欧盟腰果仁进口量达到108,019吨，与去年同期相比，进口量增长7.08%，进口额增长20.51%。越南仍是该地区最大的供应国，供应量为57,593吨。

非洲加工腰果

2026年上半年，欧盟从非洲国家进口腰果仁26,165吨，同比增长43.46%。科特迪瓦仍是这些国家中最大的供应国。

4. 国际腰果仁价格

FOB参考价格

产品等级	越南（美元/磅）
W240	3,50- 3,65
W320	3,08- 3,20
WS	2,60- 2,67
LP	2,05-2,15

越南腰果仁价格总体稳定。W320维持在3.08–3.15美元/磅区间，而主要供应商报价维持在约3.25–3.30美元/磅。由于供应有限，W180和W210等大粒整仁等级继续保持强劲需求。

5. 短期展望

目前全球腰果市场供需基本平衡，但市场流动性较低。由于美国和欧盟需求尚未完全恢复，腰果仁价格可能继续在较窄区间内波动。

然而，生腰果价格高企以及现货原料供应有限，将继续对未来一段时间的腰果仁价格形成支撑。市场预计2026年剩余月份价格不会出现明显下降。

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