Friday, April 2, 2010

Andhra Pradesh Tobacco auctions yet to gain momentum


(The Hindu) Higher percentage of low grades from early sowing, which has resulted in lower acceptance on the auction platform, clubbed by non-arrival of decision-makers of some major foreign buyers has literally brought a standstill in the Flue Cured Virginia tobacco auctions in Andhra Pradesh.
Only silver lining is Rs.140 per kg being offered on the Northern Light Soil platforms for bright grades compared to Rs.120 per kg on the Southern Light Soils in Prakasam district. Continued

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