2024 selling season officially closes

The 2024 tobacco selling season officially closed on Friday with the sale of 1,238 bales at Mzuzu Selling Floors.

President Dr Lazarus Chakwera opened the 2024 selling season at Chinkhoma Selling Floors in Kasungu on April 15.

The just ended selling season ran for 16 weeks, one week shorter than last year’s.

Record prices and smooth trading characterized the 2024 selling season.

Final volumes and revenue will be published in due course. However, as of 1st August, 132,828,459 kilogrammes of tobacco of all types valued at $395, 313,551.68 had been sold at an average price of $2.98 per kilogramme.

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