Cashews: India seeks supplies

March 3, 2025 at 11:14 AM , Der AUDITOR
Play report as audio

NEW DELHI. India and Cambodia want to strengthen their ties in trading cashew nuts. Yet, crop prospects are not exactly encouraging. Buyers need to be patient.

Mixed picture in Cambodia

Processors in India have voiced their interest in importing raw nuts and kernels from Cambodia at a meeting held in Dubai on 23 February as media reports highlight. Cambodia is the second largest raw cashew nut producer in the world after Côte D’Ivoire. Large kernels and unique flavours distinguish Cambodia’s cashew kernels from other producing countries.

However, a recent inspection conducted by the Ministry of Agriculture, Forestry and Fisheries (MAFF) in February has confirmed mixed results. While the crop volume will be lower than last year due to prolonged cold weather conditions, nut size and meat quality may be better than last year. Cambodia’s raw cashew nut production jumped by 27% in 2024/2025 to 850,000 mt according to Cashew Nut Association of Cambodia estimates. Exports rose by 31% over 2023 to 815,000 mt with shipments to Vietnam remaining stable at 793,453 mt.

Prices on par with last year in India

Although India is the third largest producer, the country relies on imports to cover domestic and export demand. As inventories are low in most producing countries buyers will need to be patient for volumes to emerge. Harvesting has commenced in Ghana, which is making headlines with the challenges local processors are facing in attempting to sell domestically and internationally. Arrivals from Tanzania are presently weighing on market prices in India, which are roughly on par with last year. Trading is rather subdued as buyers are preoccupied with assessing the supply situation before making long-term purchasing decisions.

Cashews, India

Type

USD/mt

LP-1 9/15

9,890

LWP

6,670

SWP

6,005

W320

8,015

W450

7,300

FOB India

 

View more
price charts for edible nuts
price charts for dried fruit, oilseeds, spices and more

Attached Files

File icon
price chart cashew kernels W320 India

View related articles

Go to the News Overview
Nuts
Mar 21, 2025
ORDU/REUS. Palpable suspense has gripped the market for hazelnuts as weather conditions have turned unpredictable in Turkey. Istanbul major Ekrem İmamoğlu’s arrest has added further chaos. The International Nut and Dried Fruit Council (INC) has issued revised estimates.
Nuts
Mar 20, 2025
VANCOUVER/REUS. While the International Nut and Dried Fruit Council (INC) has issued rather upbeat crop estimates for macadamias in 2025, prospects are clouded in Australia. The supply and demand dynamics are rather complicated at present with smuggling a potential problem in Kenya and economic considerations dampening appetites in North America.
Nuts
Mar 19, 2025
SACRAMENTO/REUS. Adverse weather conditions promtped US walnut production to fall short of expectations this season. Fierce competition is, however, preventing sharp price adjustments.
Nuts
Mar 18, 2025
THERAN/FRESNO. Attractive prices have propelled Iran’s pistachios exports to a four-year high. Yet, the tide is turning. Contrary to this, US exports have slumped by 30% with Poland being the biggest surprise.