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Tobacco Worth US$168 Million Sold During The Ongoing 2022 Marketing Season

Tobacco Worth US$168 Million Sold During The Ongoing 2022 Marketing Season

The Tobacco Industry and Marketing Board (TIMB) has said tobacco farmers had pocketed US$168.6 million from deliveries as of Day 23 of the current marketing season.

TIMB said 57 million kg of tobacco valued at US$168.6 million had been sold at an average price of US$2.91 per kg by April 26.

Contract farmers have delivered 52.8 million kg, while auction floors have delivered 4.2 million kg.

The auction sales were conducted at the Tobacco Sales Floor, Boka Auction Floors and Premier Tobacco Floors.

The highest price achieved to date is US$6.50 per kg, while the lowest price was $0.10 per kg.

The 2022 tobacco selling season officially opened on Wednesday, 30 March, with the first bale fetching US$4.20 per kg which is lower than the US$4.30 per kg fetched by the first bale last year.

Farmers will get 75 per cent of their payments in foreign currency and the funds are being treated as free funds.

More: The Sunday Mail; Pindula News

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Ba T 2 weeks ago

hapana apa varimi varikubirwa 75percent USD 25 yacho votipa nebank rate black market iripa 400
#vote CCC

Chawabvunza 2 weeks ago

These figures do not mean much if they are not compared with previous figures for the same period. Go back to school !!!!!


aaaa 2 weeks ago

itai kti varimi vadzoke mumunda futi plz

tete 2 weeks ago

ko mayi avo varikuyiteyi ne mwana mufodya umo. ndiyo child abuse iyoyo.f

Bright 2 weeks ago

Kkkkk vada kudhakisa mwana nefodya hwema hwayo ahuiti unonodhaka

Kanda 2 weeks ago

Mask Havana futi vapinda sei muauction

kkkkkk 2 weeks ago



Mr j 2 weeks ago

vote for Chamisa

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