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Friday, March 30, 2018

Tobacco growers upbeat on prices | The Times Group

Tobacco growers upbeat on prices | The Times Group:



Tobacco growers upbeat on prices

Posted By: William Kumwembe on: March 30, 2018 In: Business No Comments

With more than a week left before the start of this year's tobacco selling season, growers of the

green gold have expressed optimism that the leaf would fetch better prices.

The growers are banking their hopes on reduced tobacco output which is below the volumes

demanded by international buyers in addition to improved quality of the leaf.

International buyers are looking for 171 million kilogrammes (kg) of all kinds of tobacco from

Malawi this year. Second round tobacco crop estimate results show that the country will produce

147 million kg of the green gold, representing a 24 million kg shortfall.





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