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Demand drops for in-shell walnuts, rises for high-quality kernels in Moldova

In the Moldovan market, the wholesale prices for low-quality in-shell walnuts continue to decline. By mid-February, this product’s minimum price dropped by 3 lei/kg compared to the mid-January level – 22 lei/kg ($1.25/kg). Simultaneously, as representatives of the Union of Association of Producers of Walnut Crops of Moldova note, during the specified period, offers for the sale of relatively large batches of in-shell nuts have become noticeably less. Exporter traders could not purchase sufficient volumes (20 tons or more) of good quality products (washed and sorted) for delivery to the European Union. Therefore, they tried to buy non-varietal in-shell nuts at reduced prices for processing into kernels.

In turn, walnut farmers who still have small walnuts stocks prefer to crack, sort and sell kernels on their own. Apparently, this is because the average wholesale prices for walnut kernels in Moldova have been stable for about a month – about 90 lei/kg ($5.14/kg). The minimum prices do not fall below 85 lei/kg ($ 4.85/kg). In general, the price level for walnut kernels is close to that in February 2020.

Moreover, this month on the Moldovan market, local traders requested to purchase light halves of walnut kernels (varieties Chandler, Fernor, Peschansky) for 120-125 lei/kg ($6.85-7.14/kg) to export them to Germany. Nevertheless, this proposal did not interest Moldovan producers: on the one hand, there are very few products of the requested quality left in the country, on the other hand, walnut producers did not consider such proposals to be reliable.

EastFruit

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