📊 Market Overview: Cashew Trade Dynamics

The global cashew market is witnessing a significant uptick in prices, particularly evident in key exporting nations like Vietnam and India. Vietnam, a longstanding leader in processed cashew exports, has seen a dramatic increase in import volumes and prices, especially from Cambodia and Tanzania. This surge is attributed to robust global demand and strategic shifts in sourcing raw cashews.

📈 Price Trends and Market Movements

📉 Key Market Drivers

• Significant increase in Vietnam's cashew imports, particularly from Cambodia and Tanzania.
• Strategic goals set by VINACAS to hit USD 4.5 billion in export revenue by 2025.
• Global trade tensions and competition impacting market dynamics.

⛅ Weather Outlook – Key Growing Regions

Current weather conditions in Vietnam and India show mild temperatures and adequate rainfall, favorable for cashew growth. However, any unexpected changes could impact the delicate balance of supply and demand.

🔮 Price Forecast – Next 3 Days

Given the stable supply conditions and consistent demand, prices are expected to hold steady in the short term, with potential slight increases due to market speculation.