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Showing posts with label exports. Show all posts
Showing posts with label exports. Show all posts

Saturday, October 19, 2019

Malawi agro exports share shrinks—WTO – The Nation Online

Malawi agro exports share shrinks—WTO – The Nation Online: Malawi’s agricultural exports on the global market have over the eight-year period declined by 4.8 percent, published figures from World Trade Organisation (WTO) show.

The figures show that during the same period, imports quickened by 2.2 percent.

Friday, August 16, 2019

Nandolo prices seen picking up - The Times Group Malawi

Nandolo prices seen picking up - The Times Group Malawi: Prices for pigeon peas have gone up by an average of 180 percent in recent weeks to K280 per kilogramme (kg), figures from the Nandolo Farmers Association of Malawi (NFAM), an umbrella body of the commodity’s growers in the country, has shown.

In a response to an emailed questionnaire, NFAM President, Susan Chimbayo, attributed the price rise to removal of a provisional quota for importation of the commodity by the Indian government from June this year.

Malawi sits on $334m In untapped exports – The Nation Online

Malawi sits on $334m In untapped exports – The Nation Online: The International Trade Centre (ITC), a multilatera trade centre which has joint mandate with the World Trade Organisation (WTO), says Malawi has a $333.5 million (about K250 billion) untapped export potential.

Such a potential comes at a time the country is still failing in import substitution, with imports outpacing exports

Tuesday, August 13, 2019

Is Malawi cotton on road to Burkina Faso? – The Nation Online

Is Malawi cotton on road to Burkina Faso? – The Nation Online: Is Malawi cotton on road to Burkina Faso?
Johnny Kasalika August 10, 2019 0 Comments
Malawi’s cotton once rose to a record production of 100 000 metric tonnes (MT) per year some seven years ago. But with a growing demand for the crop, the country’s production has dwindled ten-fold from where it was in 2012.� With new varieties of biotechnology (Bt) cotton seeds due for release this November for commercial cultivation, Malawi has a chance to go back to glorious days of bumper yields, only if government does what is right.� Our news Analyst SUZGO CHITETE writes

Tobacco rakes in $194 million - The Times Group Malawi

Tobacco rakes in $194 million - The Times Group Malawi: Revenue from tobacco, Malawi’s top export crop, hit $194.2 million, figures from Tobacco Commission (TC) show.

The revenue has been realised from 131,083,157 kilogrammes (kg) of all types of tobacco sold at an average of $1.48 per kg.

During the same time last year, average prices were seen at $1.74.

Friday, August 2, 2019

Firms pressure government to restrict oil seed exports - The Times Group Malawi

Firms pressure government to restrict oil seed exports - The Times Group Malawi: he country’s major oil seed producers have been pushing the government to put a restriction on the exports of oilseed, especially soya, in an attempt to keep prices down, Times Business has established.

Among other things, the firms are said to be pushing for the imposition of $100 per tonne levy on soya bean exports so that domestic prices fall.

But the move has attracted the wrath of agriculture stakeholders who have described the move as retrogressive and in conflict with the principles of Control of Goods Act.

Monday, July 8, 2019

Tea Prices Dwindle

Tea Prices Dwindle: Malawi’s second largest foreign exchange earner, tea continues fetching low on both local and international markets.

Chief Executive Officer for the Tea Association of Malawi Beyan Munthali has attributed this to high production of tea by Asian and East African countries.

"At international market, the price has gone down by 70 cents while locally at Limbe Auction floors it is down by 40 cents," said Munthali.

He said a lot of tea lies in warehouses as the market remains poor.

Monday, June 17, 2019

Tobacco rakes in $77.3 million | The Times Group

Tobacco rakes in $77.3 million | The Times Group: Earnings from tobacco, Malawi’s major forex earner, have reached $77,324,088.13 (about K58 billion), figures from regulator, Tobacco Commission (TC) show.

The revenue has been generated from sales of 54,389,889 kilogrammes (kg) of all types of tobacco within eight weeks.

Wednesday, June 20, 2018

Malawi earns $166.7 million from 67% tobacco | The Times Group

Malawi earns $166.7 million from 67% tobacco | The Times Group: Malawi earns $166.7 million from 67% tobacco
Posted By: William Kumwembeon: June 20, 2018In: BusinessNo Comments
Malawi has so far realised a total of $166.7 million from sales of top export crop, tobacco, a 33.6 percent jump when compared to same period last year, thanks to increased volumes traded, figures from regulator, the Tobacco Control Commission (TCC), have shown.

During the first 10 weeks of trading last year, the green gold had raked in $124.7 million.

The figures indicate that as at Friday last week, sales volumes for all types of tobacco stood at 98,596,916 kilogrammes (kg) compared to 65,148,859 kgs sold during the same time last year, representing a 51.34 percent rise.

The traded volume is 66.7 percent of the 149 million kg estimated to have been produced by farmers this year.

However, average price remains relatively weak this year at $1.69 per kg, which is 11.17 percent shy of the $1.91 per kg that the leaf was fetching during the same time last year.

All things being equal, at the rate tobacco sales are going, Malawi could earn slightly over $252.9 million this year, compared to about $212 million earned last year.

Saturday, June 2, 2018

High demand for Malawi’s legumes - The Nation Online

High demand for Malawi’s legumes - The Nation Online: "High demand for Malawi’s legumes
Grace Phiri June 2, 2018 0 Comments
The AHL Commodity Exchange Limited (AHCX) says there is high demand for Malawi’s soya, groundnuts and sugar beans on the international market with buyers offering competitive prices on offer.

AHCX communications manager Thom Khanje said in an interview that there are a lot of open export opportunities in South Africa, Botswana, Zimbabwe, Kenya as well as in India and China."



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