Tan Long Cashew - Week 40.2020 Report

Last week, the market of both raw cashew nut and cashew kernel continue to kept their uptrend.

For raw cashew nuts, there are shortages in supply in many areas. The price increased in comparison with the previous week.

Raw prices for some origins are as follows:

- Indonesia - outturn 53+ lbs - 1570 USD / MT, CFR Vietnam

- Guinea Bissau - outturn 53lbs - 1450 USD / MT, CFR Vietnam

- Cambodia - outturn 54lbs - 1990 USD / MT, CFR Vietnam

- Ivory coast - outturn 47lbs - 1250 USD / MT, CFR Vietnam

- Tanzania 2019 - outturn 52lbs - 1450 USD / MT, CFR Vietnam

According to the Tanzania’s Government, the bidding schedule of 2020/2021 crop will be delay by 1 week. This will lead to further arrival date in Vietnam, which is expected to be in Second Half of November 2020. As a result, raw cashew nut market will remain firmer.


In cashew kernel market, although China is on National Day Golden Week holidays, the demand is still increasing. As their demand for large size salted cashew – W180, W210, W240 – increased, a higher price was taken.

The European and American market have also begun to accept the increased prices, which is 0.05 - 0.10 USD / lb (or 0.11 - 0.22 USD / kg) higher than last week.

In the Vietnam, as the domestic price is higher than the export price, some factories, who need goods for spot contracts, accepted higher price. Trading activities are bustling, all products are sold out immediately after they are manufactured. And the price seems to be adjusted daily to update with the market.


For business consultant and purchasing of cashew kernel, please contact me at:

Email: phuctk@tanlonggroup.com

WhatsApp/ LINE/ Viber: +84981217643

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