adminachieve parity after marketing. They want farmers to be paid US$5 and above for a kilogramme of tobacco.
Last season auction floors offered US$4,99 per kilogramme as their highest price. Their counterparts on the contract side offered as high as US$5, 90 per kilogramme. The marketing season starts on February 13.
Last season, Brazil at one point offered US$10 for a kilogramme but dwelt more on the average price of US$3.39 per kg, Argentina offered US$2.50 per kg, Malawi bought for US$2,19 per kg while South Africa offered US$4,03 per kg.
The United States bought tobacco at the average price of US$2 per pound while India offered 140 rupees, the equivalent of US$2,60 per kilogramme.
Online Reporter