MALAWI COUNTRY REPORT
1. 2012 TOBACCO MARKET UP DATE
The cumulative volume (As at 31st May) for all the tobacco types is 34 Million Kg, sold at an average price of USD1.93 per Kg; realizing USD 62,678,298. Last year the same period had recorded 27.2 Million Kg at an average price of USD 0.94 per Kg; fetching USD 24,938,296. The average price is 105% above that of last year as at the same time.
The market has sold 30.8 Million Kg of burley at USD 1.89 per Kg (last year was USD 0.88 per Kg). Flue cured has sold 2.5 Million Kg at USD 2.87 per Kg (USD 1.55 per Kg last year) and only 0.7 Million Kg of NDDF has crossed the floors at USD 2.26 per Kg (USD 1.75 per Kg last year).

VOLUME AND AVERAGE PRICES ALL TOBACCOS AS AT 31st MAY-2012
TOBACCO TYPE |
2012 |
2011 |
% AVER. PRICE CHANGE |
VOLUME
KG |
USD PER
KG |
VOLUME
KG |
USD PER
KG |
BURLEY |
30,810,244 |
1.89 |
25,775,266 |
0.88 |
115 |
FLUECURED |
2,540,243 |
2.87 |
560,455 |
1.55 |
85 |
FIRE CURED |
744,364 |
2.26 |
886,484 |
1.75 |
29 |
TOTAL |
34,094,851 |
1.93 |
27,222,205 |
0.94 |
105 |
The overall average price rise is 105% over last year as at the same period of sales. The biggest rise is noted in burley at 115% over the previous year.
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