Walnuts Latest news - 22.12.2011
The walnut market is still a difficult one to read. There are some strange things going on at the moment which makes it very difficult to give you a good recommendation. Where delays and consequently decreasing exports from the USA were expected to put prices under pressure the contrary happened as prices have increased further during the last weeks. Strong buying interest from other origins were expected to cause firmer prices, but we only see prices from Eastern Europe moving up, but India coming down. Buyers on the other hand are expecting prices to come down. We have our doubts based on the above, but we think it is advisable to cover at least a part of your needs. Coming 2 weeks could be a good period to try a bid as not a lot of activity is expected.