Impact of Summer Season on Walnut Prices

New walnut shipments are expected to start within the next two months, while there is a good stock of walnuts in major producer markets and consumer centers. As a result, a good amount of goods is arriving, but demand is not very strong due to the summer season. Buyers are purchasing walnuts in limited quantities in anticipation of the next crop. Currently, there is also a lack of festive demand.

Minimal Price Changes Expected

Around 20% of the stock is reported in the mountainous areas of Jammu and Kashmir. In other areas, stockists have started clearing old stocks. Recently, walnut prices have softened a bit, and it is unlikely that there will be significant changes before the new crop arrival begins. Due to better production of walnuts in Chile, a country located in South America, and low prices, there are indications of good imports to India. This ensures a stable supply and availability in the domestic sector.

Impact of Import and Reduced Consumption

The domestic walnut market is also affected by severe heat, lack of auspicious events, and no significant festive demand, leading to decreased consumption. In the near future, walnut prices may remain stable or soften slightly due to these factors. Buyers and traders should monitor the market closely as new shipments begin to arrive.

With adequate stock and the anticipation of new shipments, walnut prices are likely to soften or remain stable. Factors such as summer season demand, stock clearance, and increased imports from Chile contribute to this trend. Traders and consumers should stay informed about market conditions to make strategic decisions.