$18M OF TOBACCO SOLD - The Express: "THE TOBACCO selling season in Malawi has started on a promising note after realising $17, 979,266.53 (about K13 billion) in the first two weeks of trading, a report by official seller, AHL Group and regulator, Tobacco Control Commission, TCC, has revealed.
According to the report, as on Friday almost 12, 620,569 kilograms of tobacco were sold at an average price of $1.42 per kilogram realizing $18 million while last year 3.8 million kilograms were sold at an average price of $1.61 per kilogram with proceeds amounting $6.1 million.
The report, however, has indicated that despite weather challenges experienced during production of tobacco in the 2017-2018 season, the quality of tobacco presented on the market has so far proven to be good."
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According to the report, as on Friday almost 12, 620,569 kilograms of tobacco were sold at an average price of $1.42 per kilogram realizing $18 million while last year 3.8 million kilograms were sold at an average price of $1.61 per kilogram with proceeds amounting $6.1 million.
The report, however, has indicated that despite weather challenges experienced during production of tobacco in the 2017-2018 season, the quality of tobacco presented on the market has so far proven to be good."
'via Blog this'
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