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Malawi Stifling Tobacco Price With Supply, State Radio Reports 

Jump to full article: Bloomberg News, 2009-05-06
Author: Frank Jomo

Intro:

Malawi, Africa’s largest producer of burley tobacco, is stifling prices by producing too much of the leaf, the Malawi Broadcasting Corp. reported.

The southern African country will produce 250 million kilograms (551 million pounds) this year, compared with the 200 million kilograms wanted by buyers, the Blantyre-based broadcaster said, citing Simon Green, regional director of Alliance One International Inc., a buyer.

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