Cashew Nut Price in Nigeria Today: Raw Cashew per Kg and per Tonne
There is no world futures price for cashew — the references that matter are African, and the most current public one is the Nigerian exchange spot price for raw cashew nuts, quoted in naira per kilogram and updated each trading day. It is tracked here with per-tonne and US-dollar conversions for the exporters and processors who actually trade the crop.
Current Cashew Price in Nigeria
As of August 7, 2026, the exchange spot price of cashew in Nigeria is 1,719.5 NGN / kg, per AFEX.
Every Published Cashew Price Layer
| Country | Layer | Price | Source | As of |
|---|---|---|---|---|
| Nigeria | exchange spot (daily) | 1,719.5 NGN / kg | AFEX | August 7, 2026 |
A seasonal market with no global benchmark
West Africa's cashew season runs roughly February to June, when the crop moves from farm to port in a compressed window — prices are set season by season, deal by deal. Côte d'Ivoire, the world's largest producer, anchors the region by decreeing a farmgate floor price each February; Nigeria's market is free-floating, so its exchange price is the live pulse of West African raw-nut values between those seasonal anchors.
Most of the crop ships raw to Vietnam and India for shelling. That means the naira-dollar rate and Asian kernel demand drive Nigerian prices as much as the local harvest does — the USD-per-tonne conversion above is the number export negotiations start from.
Cashew Price FAQ
What is the cashew price in Nigeria today?
As of August 7, 2026, the exchange spot price of cashew in Nigeria is 1,719.5 NGN / kg, per AFEX. Every figure on this page carries its source, cadence and as-of date.
Is there a world market price for cashew nuts?
No. Unlike cocoa or coffee, cashew has no international futures contract. Prices are set in physical trade, anchored by producing-country references — the Nigerian exchange spot tracked here and Côte d'Ivoire's seasonal farmgate floor.
When is cashew season in Nigeria?
Harvest and trading concentrate between roughly February and June, when the year's crop is bought, graded and shipped. Prices quoted outside the season reflect carried stock and forward expectations.