The global cashew market enters June 2026 with a noticeably different tone compared to the beginning of the year.
Following months of correction, cautious purchasing behavior and inventory adjustments, market conditions are becoming increasingly stable. Prices across major grades have largely found support, buyer inquiries are improving and procurement discussions are becoming more active across key importing regions.
While the industry is not yet entering a strong bullish cycle, the sharp downward pressure that characterized the first quarter appears to be fading.
For importers, distributors and private label brands, June may represent one of the most important decision-making periods before demand for the second half of 2026 gains momentum.
The focus is no longer on how much lower prices can go.
The focus is gradually shifting toward securing supply before market sentiment changes.
📊 Latest Vietnam Cashew Prices – 1 June 2026
FOB Ho Chi Minh
| rade | Price (USD/kg) |
|---|---|
| WW180 | 9.30 |
| WW240 | 7.65 |
| WW320 | 7.00 |
Roasted & Salted Cashew With Skin
| Grade | Price (USD/kg) |
|---|---|
| A180 | 8.20 |
| A240 | 7.40 |
| A320 | 6.80 |
Quality: AFI Standards
Delivery: End of June / Early July Shipment
🌎 What Happened In May 2026?
May was arguably the most balanced month the global cashew market has experienced so far this year.
After several months of corrections, most grades traded within relatively narrow ranges, indicating that buyers and sellers were gradually finding common ground on pricing expectations.
The most significant development was not price movement itself.
It was the return of market confidence.
European importers began planning inventory requirements for late summer and autumn retail programs.
North American buyers increased inquiries as they evaluated procurement needs for the second half of the year.
Meanwhile, demand from the Middle East remained relatively active, particularly for roasted cashews, private label products and retail-ready packaging.
At the same time, processors showed little willingness to aggressively discount prices.
This combination helped create a more balanced and sustainable market environment than the industry experienced during the first quarter.
📈 Demand Outlook For June
Demand indicators entering June remain constructive.
Across major consuming markets, inventory levels are generally healthier than they were at the beginning of the year, but many buyers still need to secure supply for upcoming retail programs.
Current inquiry activity remains concentrated in:
• WW240
• WW320
• Roasted Cashews
• OEM Packaging Programs
• Private Label Projects
• Retail Snack Products
Although purchasing activity remains disciplined, the overall direction is clearly improving.
Importers are no longer waiting entirely on the sidelines. Instead, many are beginning to evaluate forward coverage for Q3 and Q4.
This shift in behavior often marks the early stages of market stabilization.
📦 Supply Situation Remains Controlled
One of the most important reasons prices have stabilized is the absence of significant oversupply.
Vietnamese processors continue operating steadily while maintaining careful control over:
• Raw material procurement
• Production schedules
• Export commitments
• Inventory management
Factories are prioritizing profitability and operational efficiency rather than pursuing volume at any cost.
As a result, supply remains available, but not excessive.
This disciplined production environment significantly reduces the likelihood of another major correction unless global demand unexpectedly weakens.
🇻🇳 Vietnam Continues To Shape Global Market Direction
Vietnam remains the most influential processing and export hub in the global cashew industry.
The country’s position is supported by:
• Advanced processing infrastructure
• Large-scale manufacturing capability
• Experienced workforce
• Strong export logistics
• International certification systems
• OEM and private label expertise
Today, Vietnam is not simply a sourcing origin.
It is increasingly the benchmark for quality, consistency and supply reliability across the international cashew trade.
As market conditions evolve during the coming months, pricing and production trends in Vietnam will continue to influence buying decisions globally.
🚢 Export And Logistics Conditions Continue Improving
Another positive factor supporting the market is the continued normalization of international logistics.
Compared with previous years, exporters are benefiting from:
• Better container availability
• More reliable vessel schedules
• Improved shipment planning
• Reduced operational disruptions
These improvements allow buyers to plan purchases more confidently and reduce risks associated with delivery delays.
Stable logistics also contribute to greater pricing stability throughout the supply chain.
🔮 SVC Market Forecast For June 2026
Based on current market intelligence, SVC expects June to remain stable with a slightly firmer tone.
Base Case Scenario – 60%
The most likely scenario remains continued stability.
Expected range:
• WW180 remains stable
• WW240 remains stable
• WW320 trades between 7.00–7.15 USD/kg
Demand improves gradually while supply remains sufficient.
Bullish Scenario – 25%
If buying activity accelerates from Europe and the Middle East:
• WW320 could move above 7.20 USD/kg
• Premium grades may tighten
• Factory availability could become more limited
Bearish Scenario – 15%
Further significant declines appear increasingly unlikely.
Even if demand remains cautious, processors are showing limited willingness to reduce prices meaningfully from current levels.
The downside risk today appears considerably smaller than it did several months ago.
🌍 Conclusion
June represents a transition period for the global cashew industry.
The correction phase that dominated the beginning of the year appears largely complete. Demand is improving, supply remains disciplined and logistics continue normalizing.
While a strong rally is not yet visible, the conditions that previously pressured prices lower are becoming less influential.
For buyers planning procurement for the second half of 2026, the coming weeks may offer one of the most balanced combinations of pricing stability, product availability and supply security seen so far this year.
🌏 Global Supply Partnerships
Whether you are sourcing premium cashew kernels, developing a private label brand or securing long-term supply contracts, SVC supports buyers with reliable sourcing solutions, OEM manufacturing and international export expertise.
📩 thanh@svc.vn
📱 (+84) 909 432 477
🏭 Factory: Dong Nai Province, Vietnam
🏢 Representative Office: Ho Chi Minh City, Vietnam
Sources
• Vietnam Cashew Association (VINACAS)
• International Trade Centre (ITC)
• International Nut & Dried Fruit Council (INC)
• SVC Market Intelligence
• Global Importer Feedback Network