[Headlines Only] [Top Stories Only]
Categories
· Agricultural
non-USA, by Country
· Malawi

Malawi’s Tobacco Price Climbs 16 Percent on Quality (Update1 

Jump to full article: Bloomberg News, 2009-05-29
Author: Frank Jomo

Intro:

The average price of tobacco in Malawi, the world’s largest producer of the burley variety, climbed 16 percent last week on improved quality, the Tobacco Control Commission said.

Tobacco sold for an average of $1.51 per kilogram (2.2 pounds) in the week ended May 22, compared with $1.30 a week earlier, the agency said in a statement handed to reporters on the auction floors of Limbe today. The price is still below the government-mandated price of $2.15 per kilogram, it said.

Jump to full article »