Zimbabwe: Record Prices As Tobacco Season Opens

The tobacco selling season opened with good prospects for higher prices this year after prices hit US$4,99 per kg on the first day of trading last week, with the first bale having sold for US$4,70 per kg, up from US$4,45 per kg fetched by the first bale to go under the hammer last year.

Prices for the rest of the crop ranged from US$4,10 to US$4,56 although some of the bales sold for as little as US$1,35 per kg.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.