As we move further into Q2, the global cashew market is entering a critical phase.
🔹 Kernel supply is tightening: Many Vietnamese processors have depleted May–June stock and are now quoting only for July shipments onward.
🔹 Demand remains strong: Vietnam exported a record 88,097 MT of kernels in April 2025, up 27% YoY, driven by robust demand from China and the EU.
🔹 RCN market is mixed: While eastern and western West Africa see strong demand and firm prices, central producers like Côte d’Ivoire and Ghana face falling prices due to liquidity issues and stock accumulation.

Feel free to reach out if you’d like to discuss market trends or explore sourcing options.

Our team:
📧 thanh@namagro.com
📧 hoang@namagro.com
📧 jasvinder@namagro.com

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