Global Nuts Market Weekly Summary

• India's groundnut market is seeing heightened demand for sowing seeds, with prices rising to around $78.50 per quintal and seed rates up 25 to 30% compared to the previous season. The Strait of Hormuz blockade, alongside domestic geopolitical pressures and government auction activity, has fostered cautious buying behavior and elevated retail purchases. Export prices to Indonesia are ranging from $1,300 to $1,350 per metric ton, reflecting sustained regional demand. Near-term prices are expected to remain firm, with increased domestic cultivation identified as the primary lever for stabilising supply.
• In the United States, Farm Bill 2.0 discussions in Washington are centering on trade, nutrition, and economic support measures for the groundnut sector. Rising production costs and projected financial losses for the 2026 crop year are driving calls for support frameworks that go beyond the existing 2026 Farmer Bridge Assistance Program, with planting acreage adjustments and revised market strategies expected to influence global sourcing dynamics.
• India's cashew processing hub of Pulasa is facing disruption from the West Asian conflict, with its daily capacity of approximately 500 tons underutilised due to halted exports and restricted raw nut supplies. Short-term government intervention and local market adjustments are being considered to maintain operational continuity.
• Mozambique's cashew industry more than doubled in export value in 2025, underpinned by scaled production capabilities. A government initiative targeting 689,000 tons of annual production by 2034 signals a long-term commitment to expanding domestic processing and improving value retention.
• Vietnam's cashew exports showed mild growth in early 2026, with the United States emerging as a notably larger buyer. Diversification of export markets has reduced reliance on traditional buyers, though investment in quality and raw material procurement remains critical to achieving the country's 800,000 ton export target amid intensifying competition from rival origins.