International cashew market | Market report: 30 October 2026 | Published: 31 October 2026
Raw cashew nut (RCN) prices at Tanzanian auctions remained firm in late October 2026, according to a market report published by Commodity Board on 30 October. Higher raw-material procurement costs can create pressure for processors, including those in Vietnam, when kernel selling prices do not increase sufficiently.
Tanzanian auction prices remain firm
The report indicated standard-grade Tanzanian RCN prices of approximately USD 1.23–1.30 per kilogram. It also reported cumulative auction sales of around 112,260 metric tonnes as of 25 October 2026. These are market-report figures, not a universal price applicable to every grade or transaction.
Tanzania is an important origin for internationally traded raw cashew nuts. Auction conditions there are therefore relevant to importers assessing supply and procurement costs.
Processing margins in Vietnam
The report cited Vietnamese W320 cashew kernel quotations of approximately USD 3.10–3.35 per pound, FOB. These are quotations for processed kernels, not raw nuts. They cannot be compared directly with RCN prices per kilogram to calculate a processing margin.
Profitability depends on the cost and quality of raw nuts, kernel outturn, processing losses, labour, energy, financing, logistics and by-product revenue. Firm RCN prices may narrow margins if export kernel prices do not keep pace, but the reported quotations alone do not establish actual profits or losses at individual factories.
Potential implications for Cambodia
Cambodia supplies raw cashew nuts to regional processing markets, especially Vietnam. As a possible implication, not a confirmed outcome, changing procurement economics in Vietnam could affect buying strategies, price negotiations and the timing of raw-nut purchases from Cambodian suppliers.
Cambodian growers and traders should monitor regional demand and maintain consistent quality through careful harvesting, drying and storage. Domestic processors may also consider value-addition opportunities, while assessing investment, working-capital and market risks.
These reports do not establish whether Cambodian farmgate prices will rise or fall. Local prices depend on quality, harvest conditions, buyer activity, transport costs and other factors.
What to watch next
Key indicators include upcoming Tanzanian auction results, Vietnamese RCN buying activity, W320 kernel export quotations and demand in major destination markets. Market conditions and quoted prices may change quickly.
Primary source: Commodity Board, 30 October 2026 — Cashew Market Holds Firm as Tanzanian RCN Auctions Tighten Margins.
Additional market context: Mundus Agri, 26 October 2026 and TerraNuts, 23 October 2026.
Editorial note: Reported quotations are indicative and should not be treated as guaranteed transaction prices.