HARARE, (Xinhua) --
Zimbabwe’s tobacco farmers have raked in
more than 102 million U.S. dollars from auction floors
and contract buyers since the beginning of this year’s
marketing season on March 15, figures released by the
Tobacco Industry and Marketing Board (TIMB) on Wednesday
36.2 million kilograms worth 185.5 million dollars have
been exported at an average price of 5.12 dollars per
the 38.6 million kg of tobacco sold so far were higher
than the 27.6 million kg worth 73.6 million dollars sold
during the corresponding period in 2016.
million kg were sold through contract sales and the rest
went through the auction floors at an average price of
2.65 dollars per kg.
expects output of 202 million kg of tobacco in the
2016/17 farming season.
facing communal farmers, including the shortage of
curing fuel and poor curing, grading and storage
facilities had resulted in at least 36,121 bales of
tobacco being rejected at the floors.
This was a
huge rise from the 2,981 bales that were rejected during
the corresponding period in the last marketing season.