Will prices for walnut kernels continue to decline in Moldova?

Walnut Kernel

Moldova

Market & Price Trends

Published Feb 28, 2024

Tridge summary

In 2024, Moldova's wholesale prices for walnut kernels have seen a 5% decrease for the first time, with the product being bought by traders at an average of 95 lei/kg ($5.3/kg). This drop in prices is due to European buyers opting for American walnuts and the sale of all high-quality nut stocks by large walnut farms in Moldova in January. The primary suppliers in February were small farmers and individuals, who usually offer lower quality goods, resulting in the price drop.

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

On the Moldovan market, for the first time in 2024, wholesale prices for walnut kernels decreased - by about 5%. Judging by EastFruit monitoring, last week traders purchased this product for an average of 95 lei/kg ($5.3/kg). This week the price has not changed yet. But market players do not rule out that closer to the weekend the price will be different, possibly both lower and higher, EastFruit reports. Intermediary buyers point to the fact that in February last year the price of walnut kernels in Moldova gradually decreased until the end of March. This year, given active export sales at fairly high prices in December and January, many operators expected that the same “market temperature” would continue throughout February. However, by the end of this month, according to Moldovan exporting traders, some of their European buying partners switched to purchasing American walnuts. It is not yet clear how long the pause in the supply of walnut kernels from Moldova to the European ...

Source: Eastfruit