Growers paid 0.3 percent more

| August 18, 2016

Zimbabwe’s flue-cured tobacco growers are likely to be celebrating – but not too hard.

The average 2016 marketing-season grower price for flue-cured, with only one day of clean-up sales left, stands at US$2.94 per kg, according to a story in The Herald. That’s 0.3 percent higher than the average price paid by the end of the equivalent period of the 2015 marketing season, US$2.93 per kg.

But the end-of-season average price during 2015 was US$2.94 per kg and the equivalent price in 2008 was US$3.24 per kg.

By August 5, when regular sales finished, 196.5 million kg of flue-cured had been sold for US$578.5 million. A clean-up sale is due to be held on August 23.

The Herald story said that during the comparable period last year, ‘at least’ 189.9 million kg of flue-cured had been sold for $555.7 million.

Category: Breaking News

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