Should we expect an increase in prices for walnut kernels in Moldova?

Raw Walnut

Nuts & Seeds

Moldova

Market & Price Trends

Published Feb 2, 2024

Tridge summary

The Moldovan walnut market experienced a significant decrease in inshell nut supply and a depletion of nut kernel reserves in January. Despite the influx of American walnuts into the EU market, demand for Eastern European nuts remains. Moldovan small farms and individuals have started selling nut kernels, albeit with varying quality. The price for nut kernels has peaked at 90-100 lei/kg ($5.07-5.73/kg), higher than last year but lower than 2020-21. European buyers are showing interest in contracting future harvest nuts, ensuring a good price for the remaining nut kernels from last year's harvest.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In January, at first glance, small but important changes took place on the Moldovan walnut market. Firstly, by the middle of this month the supply of inshell nuts had dropped to almost zero. According to representatives of the Association of Nut Crops Producers of the Republic of Moldova, a few specialized agricultural enterprises have small batches of high-quality (even Chandler) inshell nuts - within a few tens of tons. However, these manufacturers intend to sell this product under direct contracts with European buyers. To the domestic market, i.e. local traders-exporters will most likely not receive the marketable remains of last year's varietal nuts in shell, EastFruit reports. Secondly, according to experts from the industry association, exporters have run out of reserves of nut kernels, which they had accumulated for sale on the eve of the winter holidays. Therefore, they are interested in the systematic replenishment of commodity resources for sale in February as orders are ...

Source: Eastfruit