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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1 Comment

  1. Robert Mataka

    We need the machine to start processing our tobacco here in malawi so that we can be selling the final product to the world at large.

    Failing which we need to establish other new partners in trade as the one we are now dealing with has failed us.

    The cheapest price that they expose when buying our products are not corespondents,
    There is a need of change in the whole trade of farm products which is the only way to progress as a country.

    Reply

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