The Markets Ledger

Zim tobacco sales reach 239,7 million kg

Zimbabwe’s tobacco sector is forecast to make record sales this year, with output expected to exceed 360,000 tonnes, driven mainly by smallholder farmers operating under contracts with Chinese firms.

Zim tobacco sales reach 150 million kg

Auction floors have so far sold a total 8.81 million kg of the golden leaf at an average of US$2.06 per kg, while contract sales pushed 141.12 million kg at an average US$2.69 per kg.