TOTAL of 122,7 million kilogrammes (kg) of tobacco valued at US$366,8 million has been sold compared to 141 million kg worth US$382 million traded during the same period last year, since the golden leaf auction season opened on March 30.
In a post-Cabinet briefing on Tuesday, Information Communication Technology minister Jenfan Muswere said the auction and contract floors’ average selling price was firmer this year at US$2,99/kg compared to US$2,71/kg in 2021.
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.