First tobacco bale sold for $4.90/kg

First tobacco bale sold for $4.90/kg
Published: 22 March 2018
THE 2018 tobacco marketing season officially opened yesterday at the Tobacco Sales Floor, with a starting price of $4,90 per kilogramme, up from last year's $4,60 per kg.

Although the opening price was a disappointment to farmers who expected it to breach the ceiling auction of $4,99 per kg to hit $5, expectations were still high that prices would firm as the selling season progresses on the back of a quality crop and good rains received during the second half of the agricultural season.
- fingaz
Tags: Tobacco,


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