Pricing · Commodity

Cashew Price per kg

Cashew kernel prices per kg vary sharply by grade — larger whole grades like W240 command a premium over W320 and far more than broken grades.

Updated August 2026 · TTQ Co. Ltd.

In short

The price of cashew per kg depends on the product and grade. Raw cashew nuts (in shell) are far cheaper than kernels. Among kernels, larger whole white grades (W180, W240) sell at a premium, W320 is the widely-traded benchmark, and broken grades (splits, pieces) sell for less. Retail, roasted and flavoured cashews cost more than bulk kernels. Because kernels are traded globally, the per-kg price moves with the market — treat any figure as indicative.

This page does not publish a current price, and that is deliberate. Cashew kernel prices move every season and a figure written into a web page is wrong within months — which is exactly how the internet fills up with confidently stated prices from three years ago. What does not move is the relationship between grades. Learn the ratios and you can price any grade the moment you have one live quote.

What each grade is worth, relative to W320

Product	Typical ratio to W320	Why
Raw cashew nut, in shell	0.15–0.25×	It takes roughly 4.3 kg of RCN to make 1 kg of saleable kernel, so the per-kg comparison is not like for like — see the note below.
W180	1.25–1.40×	Largest standard grade, thinnest supply, strongest retail demand
W210	1.15–1.25×	Jumbo — premium retail and gifting
W240	1.05–1.15×	Premium mid, the usual step up from the benchmark
W320	1.00× (benchmark)	Highest volume traded worldwide, so it is what everything else is quoted against
W450 / W500	0.85–0.95×	Smaller wholes, thinner market
Scorched whole (SW)	0.80–0.90× of the same white count	Sound and identical in size, discoloured by drying heat
Splits and butts	0.70–0.85×	Whole in cross-section, so above pieces
Large white pieces	0.55–0.70×	The ingredient trade
Small pieces and baby bits	0.40–0.55×	Pastes, toppings, confectionery filler

Ratios, not prices. They hold across origins and across years far better than any absolute figure, but they widen when supply of a particular grade is short. Get one live W320 quote and the rest of the column follows.

Where to get the actual number

For raw nuts

our raw cashew nut price page carries dated farm-gate and CNF figures with the observation month stated, plus the difference between the two bases — which is the mistake that costs new processors the most.

For kernels

the INC and IndexMundi links below track kernel prices. Vietnamese and Indian exporter associations publish weekly indications, and a broker will quote you for nothing.

For your own costing

what matters is not the market price but your cost per kilogram of saleable kernel — RCN cost divided by production KOR, plus processing. See the calculator.

Reading a kernel quote

Four things change what a per-kg number actually means, and a quote that omits any of them is not comparable to one that includes them.

What to check	Why it changes the price
Incoterm	FOB origin, CNF destination and DDP are three different numbers for the same cargo. Freight from Vietnam to Europe alone is a material share.
Grade tolerance	A W320 contract normally permits a small percentage of adjacent grades and of brokens. A tight tolerance costs more and is worth it for retail packing.
Packing	11.34 kg vacuum tins cost more than 10 kg pouches, and the difference is in the price per kilogram of kernel, not shown separately.
Crop year and shipment window	New-crop and old-crop kernels do not trade at the same level, and a distant shipment window carries a different risk premium.

Market data, not our quote

Everything on this page is market context. TTQ manufactures cashew processing machinery — we do not trade kernels and we do not quote kernel prices. If you want machinery priced, tell us your capacity and we will scope it.

Grade drives price — see cashew grades, types of cashew and W240 vs W320.

Answers

Frequently asked questions

How much is cashew per kg?

It depends entirely on grade, incoterm and crop year, and it moves every season — which is why this page publishes the ratios between grades rather than a figure that would be stale within months. W320 is the benchmark everything else is quoted against; get one live W320 quote and the ratio table gives you the rest.

Which cashew grade is most expensive?

W180, the largest standard whole grade, typically 1.25 to 1.40 times the W320 benchmark. Above that you are into speciality and organic certification premiums rather than grade.

Why are cashew pieces so much cheaper than wholes?

Because retail packs need whole kernels and the ingredient trade does not. Large white pieces run roughly 0.55 to 0.70 of the W320 price, small pieces lower still — which is why breakage on a processing line is expensive in a way that throughput figures never show.

Why do cashew prices vary so much?

Grade, wholeness, colour, incoterm, packing format and crop year each price differently, and kernels trade on a global market driven by West African harvests and Asian processing capacity. Two quotes for "W320" can differ by more than 20% and both be honest.

Does TTQ sell cashew kernels?

No. TTQ manufactures cashew processing machinery. The prices discussed here are market context, not a quotation from us.

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