NEW: Tobacco sales reach US$640m

24 May, 2023 - 13:05 0 Views
NEW: Tobacco sales reach US$640m

The Sunday Mail

Online Reporter

Tobacco sales have generated US$640 million as at day 50 of the current marketing season, the Tobacco Industry and Marketing Board (TIMB) has said.

A total of 213 million kg of golden leaf were sold, at an average price of US$3 per kg by Monday.

About 2,69 million bales have been sold since the beginning of the marketing season on a mass of 2,76 million bales laid.

Auction floors have taken delivery of 16 million kg, while contractors have contributed 197 million kg.

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

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