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Saturday, April 14, 2018

Poor prices mar Malawi tobacco market opening day ; as low as 80 cents/kg - The Maravi Post

Poor prices mar Malawi tobacco market opening day ; as low as 80 cents/kg - The Maravi Post: "
LILONGWE-(MaraviPost)-There is little for local tobacco farmers for this year’s marketing season with the first day as the green gold fetches as low as 80 cents per kilogram.

President Peter Mutharika and Vice-President Saulos Chilima opened this year’s tobacco market at Lilongwe Auction Floors on Monday.

This comes despite low production of tobacco in the 2018 growing season that is reduced by 14% meeting the buyers demands.

President Mutharika did offer little a hope by attempting to urge buyers to provide good prizes for farmer"



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