Vietnam’s cashew kernel market continues to strengthen through mid-November 2025 as global demand recovers across the U.S., EU, China and the Middle East. Buyers are securing December–January shipments earlier than expected, while limited RCN supply and elevated freight rates keep FOB prices firm. The market remains buyer-active but supply-controlled, pushing whole grades and LP upward.
🌰 1. WW320 – Strong Buyer Activity, Limited Availability
WW320 remains the most heavily traded grade globally. Mid-November shows:
- Strong purchasing from U.S. roasters
- Steady EU retail demand
- Reduced availability from Africa during off-season
- Higher logistics cost contributing to firmer FOB prices
Inquiries remain strong for December shipments, coming from private-label brands in the U.S., mixed-nuts packers in the EU and wholesalers in the Middle East preparing for early 2026 demand.
🌰 2. WW240 – Premium Grade Driven by EU Demand
EU retailers continue favoring WW240 for premium packaging formats. The grade shows:
- Reduced availability at factories
- Faster weekly contract closures
- Strong demand in Germany, the Netherlands and the UK
WW240 remains one of the firmest whole grades in mid-November.
🌰 3. LP & Broken Grades – Industrial Buyers Pushing Demand
Industrial buyers in confectionery, bakery and plant-based food continue increasing purchases of LP and broken grades. LP shows the fastest demand growth due to consistent quality and stable output from Vietnamese factories.
⭐ SVC Cashew – Official Market Price Update (18 Nov 2025)
📦 FOB Ho Chi Minh
- WW320: 7.05 USD/kg
- WW240: 7.40 USD/kg
- WW180: 9.60 USD/kg
These updated levels reflect tightening kernel supply, rising global demand and logistics pressure that remains elevated through late November.
🔍 4. Market Drivers Supporting Firm Prices
📌 Raw Cashew (RCN) Supply
- Limited African arrivals
- Higher RCN purchase prices
- Controlled processing output
📌 Freight & Logistics
- Elevated freight to U.S. & EU
- Vessel delays and congestion
- Reduced weekly export volume
📌 Global Consumption
Retailers and food manufacturers continue securing early Q1/2026 shipments to avoid January shortages.
📊 5. Outlook for Late November 2025
Analysts expect:
- Prices to remain firm
- Strong demand for WW240 & WW320
- LP demand to rise further
- Tight supply until early 2026
Exporters with stable RCN inventory and strong logistics networks—such as SVC International JSC—remain positioned to ensure consistent global deliveries.
📧 Contact for OEM & Export Coordination: thanh@svc.vn
📱 WhatsApp: (+84) 909 432 477
🌍 Think Cashew Vietnam, Think SVC.