Tobacco.org

Malawi’s Burley Tobacco Trading 39% Below State Price (Update1)  

Burley tobacco in Malawi is trading 39 percent below the mandatory price set by the government, the Tobacco Association of Malawi said.

Burley fetched an average price of $1.31 per kilogram (2.2 pounds) last week, compared with the government-mandated price of $2.15, the agency said in a statement handed to reporters on the auction floors of Blantyre yesterday.

A total of 30 million kilograms of the leaf has been sold since the market opened six weeks ago, it said, without saying how much had been sold this time last year.

Prices have increased since the first two weeks of trading

Jump to full article »