• March 28, 2024

Andhra auction season being extended

The Tobacco Board of India is extending to the end of September the flue-cured tobacco auctions currently being staged in Andhra Pradesh because of the slow rate of sales, according to a Business Standard story relayed by the TMA.

Only 58 million kg have been sold so far this year, compared to 105 million kg by the same stage of last year’s sales.

Flue-cured auctions typically take place from January to July in Andhra Pradesh and from September to February in Karnataka.

A board official said global demand was not expected to improve going into the next crop season.