Tan Long Cashew - Week 38.2020 Report

Dear valued customer,

Currently both raw cashew nut and kernel prices are increasing.

1. Raw cashew nut:

- There are only a few offers in the market now, it seems to be that the stocks are in Tan Long’s hand.

- A small number of RCNs in Indonesia and Bissau were bought very strongly by India, so the quantity returned to Vietnam was not much.

- RCN prices in Vietnam increased rapidly. Currently, transactions for IVC goods outturn 47lbs at 1150-1170 USD/MT.

- It is expected that by the end of October, the goods from Tanzania will start to arrive, so the RCN quantity in Vietnam will be short from now until the end of October.


2. Cashew Kernel:

- Prices increased rapidly over the past week

- For spot lots, buyers accepted to increase their price by about 20 cents compared to forward lots

- Average prices for the fourth quarter 2020 are as follows:

WW240 @ 3.30

WW320 @ 2.85

Prices quoted for quarter 1 – 2021 are 5 cents higher than above.


We welcome your comments on our above overview.

If you need further information, please let me know!

Thank you very much!


For business and cashew purchasing, please contact me at:

Email: phuctk@tanlonggroup.com

WhatsApp/ LINE/ Viber: +84 98 121 7643

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