Tuesday, June 26, 2012
(Bloomberg) Tobacco prices in Malawi, the world’s largest producer of the burley variety of the leaves, dropped 2.4 percent last week, Auction Holdings Ltd. said.
Prices fell to $2.39 a kilogram (2.2 pounds) in the period through June 22 from $2.45 a week earlier, the company, which manages the sale, said in a statement published in the Blantyre- based Daily Times newspaper today. It didn’t give a reason for the decline. Continued