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Tobacco sales at US$574m on Day 45

Zim Now Writer

As at day 45 of the tobacco marketing season, sales have generated US$574 million, according to the latest figures from the Tobacco Industry and Marketing Board.

A total of 186 million kg of golden leaf have been sold at an average US$3 per kg.

About 2.4 million bales have been sold since the beginning of the marketing season.

Tobacco auction floors have taken delivery of 15 million kg, while contractors account for 176 million kg.

The highest price achieved to date is US$6.10 per kg, while the lowest price is US$0.10.

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