Tuesday, April 7, 2020

Malawi Hopes Lower Production Will Bring Higher Prices




(Tobacco Reporter) Malawi is expected to produce 154.7 million kg of all tobacco types this season, 6.62 percent less than last year, reports The Nyasa Times, citing a recent assessment by the Tobacco Commission (TC) of Malawi. The trade also anticipates a 4.4 percent decline in demand for this year.
The TC attributes the decline to the low prices offered for Malawi tobacco during the 2019 marketing season and excessive rainfall during the growing season, which caused the leaching of crop nutrients. Continued

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