• March 28, 2024

Yunnan’s leaf crop earnings increased

Leaf tobacco production in China’s Yunnan Province is expected this year to reach 1.1205 million tons, an increase of 92,100 tons on last year’s figure, according to a Tobacco China Online story.

By October 20, 1.08705 million tons of tobacco had been purchased and 33,650 tons of air-cured and sun-cured were still to be purchased.

Tobacco growers in the province had earned a total of Yuan24.88 billion from leaf tobacco sales, Yuan6.13 billion more than they earned last year.

And the province had paid a total of Yuan5.47 billion in leaf tobacco taxes, an increase of Yuan1.35 billion on what it paid last year.

The proportion of medium- and high-grade leaf within the tobacco purchased was 94.81 per cent, while the proportion of high-grade leaf reached 66.39 per cent.