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in mid February, statistics from the Tobacco Industry and Marketing Board show.
The figures show that seasonal deliveries stood at 72,5 million kilogrammes while the average price was pegged at $3,79 a kg compared to $3,78 two weeks ago.
Tobacco delivered under contract arrangement was 41,3 million kg valued at $158,6 million compared to deliveries made through contract system that registered 31,3 million kg valued at $115,9 million.
The seasonal average price of the golden leaf per kg at three of the four auction centres has for the past fortnight been shedding between a cent and $0,10.
The seasonal average price at Millennium Tobacco Floors during the period under review remained unchanged at $3,71 per kg.
Two weeks ago, the seasonal average price of the golden leaf per kg at Tobacco Sales Floors was $3,75 to $3,74 while at Boka Tobacco Floors the average price had also dropped a cent to $3,62 a kg from $3,63 per kg.
At Premier Tobacco Floors the average price went down to $3,74 kg from $3,84 a kg a fortnight ago.
Production of the golden leaf for the past three years has been on the increase buoyed by favourable prices.
Zimbabwe peaked production of tobacco leaf at 271 million kg in 1999.
The country is slowly moving towards regaining its status as one of the major producers of the golden leaf in the world.
This year, stakeholders in the tobacco sector project that 150 million kg of the crop will go under the hammer compared to 133 million kg achieved last year raking $370 million.
Online Reporter