• April 26, 2024

Malawi’s growers asked to stay calm on 25¢ per kg

Malawi’s President, Peter Mutharika, has assured the country’s tobacco growers that his government will closely monitor the minimum prices set for the 2015 tobacco marketing season.

The president made his promise on Wednesday during the official opening of the 2015 tobacco marketing season at Lilongwe auction floors.

He said the minimum prices, which had been set by the government, might go higher than expected.

But he urged tobacco growers to remain calm as the market season started.

This season’s minimum prices for dark fired tobacco, flue-cured and Burley have been set at US$0.25 per kg, US$0.35 per kg and US$0.85 per kg respectively.