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HomeNationalTobacco market continues to thrive as prices soar above $3 per Kilogram

Tobacco market continues to thrive as prices soar above $3 per Kilogram

By Jones Gadama

The Tobacco Commission has reported that the tobacco market is thriving, with prices exceeding $3 per kilogram.

The market at Kanengo in Lilongwe opened yesterday, and other markets are set to follow suit, with the final market in Mzuzu expected to open later this month.

According to the Tobacco Commission, the high demand for tobacco has driven prices up, benefiting farmers who have been selling their produce at favorable prices.

The commission’s efforts to promote tobacco farming and support farmers have yielded positive results, with increased production and quality tobacco being sold at the auction floors.

The tobacco market is a significant contributor to Malawi’s economy, and the high prices are expected to boost the country’s foreign exchange earnings.

The government’s commitment to supporting tobacco farmers and promoting agricultural development is crucial for the sector’s growth and sustainability.

The Tobacco Commission’s initiatives to improve tobacco farming and marketing have been instrumental in increasing production and quality. The commission’s efforts to provide training and support to farmers have enabled them to improve their yields and sell their produce at better prices.

As the tobacco market continues to thrive, farmers are optimistic about the future of the industry. The high prices and strong demand for tobacco are expected to encourage more farmers to plant the crop, leading to increased production and economic growth.

The government’s support for the tobacco industry is crucial for its continued growth and development.

The Tobacco Commission’s efforts to promote tobacco farming and marketing have been instrumental in increasing production and quality, and the high prices are expected to boost the country’s economy.

The tobacco market is thriving, with prices exceeding $3 per kilogram.

The Tobacco Commission’s efforts to promote tobacco farming and support farmers have yielded positive results, and the high demand for tobacco is expected to boost the country’s economy.

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