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Universal reports start of end of oversupply

Universal reports start of end of oversupply

| August 7, 2015

There are signs that the global leaf market is moving towards a more balanced position following more than a year of oversupply. In announcing Universal Corporation’s financial results for its first quarter that ended on June 30, chairman, president, and CEO George C. Freeman III said that as the leaf industry entered the second year […]

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E-cigarettes reduce need for quit-smoking program

E-cigarettes reduce need for quit-smoking program

| August 7, 2015

A sharp decline in Scotland in the number of people using a National Health Service (NHS) support program to help them quit smoking has been linked to the rise in popularity of electronic cigarettes, according to a BBC Online story. The Smoking Matters service in Dumfries and Galloway, for instance, helped 102 people in deprived […]

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Where 19.7 percent illicit cigarettes is record low

Where 19.7 percent illicit cigarettes is record low

| August 7, 2015

An empty pack survey in Lithuania conducted by the National Association of Tobacco Producers has found that 19.7 percent of the packs collected were smuggled into the country from other markets, according to a Baltic News Service story relayed by the TMA. Although 19.7 percent might seem high, it is the lowest rate since the […]

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Grower prices down but AOI’s profits fall

Grower prices down but AOI’s profits fall

| August 6, 2015

Market prices paid in US dollars for suppliers’ green tobacco have again been generally lower this year, according to Alliance One International’s president and CEO, Pieter Sikkel. Announcing the company’s results for its first quarter to the end of June, Sikkel said that global leaf tobacco markets were still in oversupply, though the supply/demand situation […]

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Egypt looks to reduce its smoking incidence

Egypt looks to reduce its smoking incidence

| August 6, 2015

Twenty four percent of Egyptians are smokers and 12 percent of the country’s smokers are under 15 years of age, according to a story in the Cairo Post quoting the Health Ministry Undersecretary Amr Kandil. The ministry was reported to have signed a protocol with the Consumer Protection Agency to support quit-smoking activities and thereby […]

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Turkey nets record haul of illicit cigarettes

Turkey nets record haul of illicit cigarettes

| August 6, 2015

Turkish police have seized 3.5 million packs of cigarettes hidden on trucks arriving from Georgia, according to an Agence France Presse story. Five trucks loaded with the cigarettes were seized at the Black Sea border post of Sarp on Tuesday following a three-month undercover operation, the customs ministry said in a statement. ‘When the smuggled […]

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