Non-traditional wholesale buyers have paid attention to the Moldavian walnut

Published 2023년 4월 11일

Tridge summary

The Union of Associations of Walnut Producers of Moldova has reported a surge in purchase proposals for walnut kernels, with some traders considering selling to non-traditional buyers like Russia due to low demand in the European Union. Russian wholesale buyers are offering 2.5-2.8 euros/kg, similar to prices proposed by European wholesalers this year. However, the less stringent quality requirements and complex logistics from Russia make the deal uncertain. Despite a revival of demand from European processors due to low stocks from last year's harvest, domestic walnut prices in Moldova remain around 20-30% lower than last year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Union of Associations of Walnut Producers of Moldova, this week the members of the organization began to receive proposals for the purchase of walnut kernels. This has occasionally happened before, but Moldovan export traders usually did not respond to such requests, since the main market for Moldovan walnuts has been the European Union for the last five to seven years. However, given the weak demand for walnuts in major European importing countries, some Moldovan traders are leaning towards the decision to sell small quantities of walnut kernels to Russian ones, i.e. non-traditional buyers. Demand prices for Moldavian nuts (kernel) from Russian wholesale buyers are 2.5-2.8 euros/kg. At about the same price, or slightly lower, from time to time this year, European wholesalers intended to buy nuts from Moldova, EastFruit reports. However, it was about the procurement of batches of kernels of consistently high quality. The requirements for product quality on the ...
Source: Eastfruit

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