In Moldova, the price of the walnut kernel has risen, the reasons are internal

Published Mar 2, 2023

Tridge summary

Wholesale prices for walnut kernels in Moldova have increased by approximately 6%, reaching 75-80 lei / kg ($ 3.99-4.06 / kg). This increase is not due to increased exports, as physical volumes of external deliveries have not changed. The rise in prices is attributed to internal reasons, likely due to the beginning of the main Orthodox fast in Moldova, which may have increased demand for nuts. However, the solvency of the country's population has not increased, and retail markets in early March still offer walnut kernels at moderate February prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the Moldovan market, during the last week of February, for the first time in 2023, wholesale prices for walnut kernels increased. Slightly, by about 6%, the level of the average and maximum prices for this product increased - up to 75-80 lei / kg ($ 3.99-4.06 / kg), EastFruit specialists report. In the industry organization of walnut growers, they believe that a slight rise in the price of the walnut kernel is not associated with increased exports - it simply does not exist. The physical volumes of external deliveries of Moldovan walnut (mainly to the EU and Turkey) at the end of February did not differ from those at the beginning of this month, and, in general, were very small for this period of the marketing year. Export traders do not have hopes for a quick change in the situation, according to them, "traditional buyers in the EU claim to have many hundreds of tons of unsold high-quality walnut kernels in stock." See also: In 2022, Moldova sharply increased the export of ...

Source: Eastfruit