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Zimbabwe's Tobacco Deliveries Break All-time Record Of 259 Million Kilogrammes

1 year agoWed, 14 Jun 2023 14:17:56 GMT
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Zimbabwe's Tobacco Deliveries Break All-time Record Of 259 Million Kilogrammes

The Tobacco Industry and Marketing Board (TIMB) says tobacco deliveries during the ongoing marketing season have reached a record 260.6 million kilogrammes.

The previous record, which was 259 million kilogrammes, was achieved in 2019.

This year, Zimbabwe was targeting 230 million kilogrammes but a total of 260.6 million kilogrammes had been delivered by 12 June 2023, according to TIMB.

The Sunday Mail reported that tobacco sales have generated US$787 million as of day 64 of the current marketing season.

During the same period in 2022, tobacco sales had raked in US$511 million.

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18 million kg of tobacco have been delivered to auction floors while contractors have accounted for 242 million kg.

The highest price achieved to date is US$6.10 per kg at the contract floors and US$4.99 at the auction floors. The lowest price is US$0.10.

More: Pindula News

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