CASHEW MARKET REPORT JUNE 16, 2026

The cashew market on June 16, 2026, saw a slight increase in kernel prices due to recovering demand, while the supply of raw cashews from West Africa gradually narrowed as the harvest season entered its final stages.

I. OVERVIEW OF THE VIETNAMESE AND INTERNATIONAL MARKETS

General trend: Recovered demand over the past 15 days has helped cashew kernel prices rise slightly domestically and for export; rumors of a possible end to US-Iran tensions have boosted confidence among traders and producers. Most kernel grades have seen slight price increases, including broken kernels.

Raw cashew prices remained stable, but demand was stronger for larger kernels, with transactions closing at higher price levels within the range.

Price: Cashew nuts (FOB Vietnam):

WW180 is trading at $4.25-$4.35/lb

WW210 is trading at $3.80-$3.87/lb

WW240 is trading at $3.40–$3.60/lb

WW320 is trading at $3.13–$3.30/lb

WS grade: $2.70–$2.80/lb

LP tank stock: $2.00–$2.20/lb.

Raw cashew nuts (RCN CFR Asia): July delivery, generally stable. Guinea/Burkina 1,325–1,375 USD/ton; Ivory Coast/Ghana 1,375–1,450 USD/ton; Nigeria 1,450–1,525 USD/ton; Togo (& Benin) 1,525–1,575 USD/ton; Senegal/Guinea-Bissau held best at 1,600–1,675 USD/ton.

Statistics (cumulative for the first 5 months of the year):

Imports of raw cashew nuts reached 1,456,730 tons, a 12% increase compared to the same period last year (1,304,873 tons). Cambodia led with 963,278 tons (+12%), followed by Tanzania with 154,153 tons (+16%), and Ivory Coast with 107,090 tons (+93%); conversely, Ghana decreased to 28,129 tons (-51%), and Nigeria with 49,507 tons (-29%).

Cashew kernel exports reached 268,204 tons, down 3% compared to the same period last year (276,580 tons). Exports to China decreased to 60,023 tons (-9%), the US remained unchanged at 59,555 tons (0%); some markets saw good growth such as Germany (+22%), Canada (+44%), Thailand (+77%); while the UAE experienced a sharp decline to 3,111 tons (-69%).

II. SITUATION IN WEST AFRICAN COUNTRIES

Most countries are entering the end of the harvest season, supply is shrinking, and transactions are slowing down; the rainy season makes drying difficult and reduces the quality of existing goods.

Côte d’Ivoire Market: Quiet, nearing the end of the season. Farmers' stocks are dwindling, but domestic buyers still have inventory; a sharp decline in quality is slowing consumption.

Prices: Farm price 200–325 francs CFA/kg (last week 200–350); wholesale 225–400; factory/port 450–500.

Burkina Faso Market: Primary supply is decreasing, but secondary supply remains abundant, keeping prices stable. Prices: Approximately 450 francs CFA/kg at the farm.

Togo Market: Nearing the end of the season, supply is limited; a small amount of stock from Benin is supplementing. Sellers are holding back, selling in small quantities; demand is moderate, buyers are selective about good quality goods. Prices: Farm-gate 480–560 francs CFA/kg; Lomé 650–675, slightly higher due to scarcity.

Senegal Market: Late season, monsoon approaching, supply significantly reduced; light rain in the South, active buyers. Collection slow – loading a 30-ton truck now takes 2–3 days. Prices in the South: farm 500–550, resold to intermediaries ~650 (+25), delivered to foreign buyers (India) 680–700.

Guinea Market: Stable but trading has slowed considerably; farmers are withdrawing from the market to prepare for the new crop; inventories are decreasing, and buyers are focusing on exports. Prices: Wholesale 9,000–10,500 GNF/kg in Boké; around 6,500 GNF/kg in Kankan.

Guinea-Bissau Market: Active, exports continue; nearly 40,000 tonnes licensed for export, about half shipped as of the 9th. Demand is increasing. Prices: 590–600 francs CFA/kg (last week 580–582).

III. SHORT -TERM PROSPECTUS

The West African harvest is drawing to a close, leading to shrinking raw material supplies; customs data reinforces the foundation of abundant raw materials in the first half of the year, with global demand slowing slightly amid inflation. The US-Iran agreement provided slight support to the market, but inflationary pressures remain to be monitored.

Demand for large raw cashew kernels from the Chinese market is expected to cause a slight increase in the price of large and raw cashew kernels in the short term.

                                                                                                Compilation of sources

*Disclaimer: This newsletter is provided for informational purposes only and is not investment advice or trading advice. The data, opinions, and forecasts are compiled from sources considered reliable at the time of publication, but their accuracy, completeness, or timeliness are not guaranteed. The issuer is not responsible for any losses arising from the use of the information in this newsletter. You should carefully consider and consult with a professional before making any decisions.