The Sunday Mail

NEW: Tobacco sales generate US$216m … but 

This season’s tobacco achieved a 295 million kilogramme figure, the highest in its 198-year history of production

Online Reporter  

Tobacco farmers have generated in US$216 million to date compared to US$240 million in the same period a year ago.

According to latest statistics from the Tobacco Industry and Marketing Board (TIMB), 72 million kg of tobacco had been sold by May 10 at an average price of US$2,97 per kg, compared to 90 million kg sold last year.

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

The highest price achieved to date is US$6,50 per kg, while the lowest price was US$0,10 per kg.