Malawi Tobacco Prices Fell 2.4% to $2.39 a Kilogram Last Week
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Tobacco prices in Malawi, the world’s largest producer of the burley variety of the leaves, dropped 2.4 percent last week, Auction Holdings Ltd. said.
Prices fell to $2.39 a kilogram (2.2 pounds) in the period through June 22 from $2.45 a week earlier, the company, which manages the sale, said in a statement published in the Blantyre-based Daily Times newspaper today. It didn’t give a reason for the decline.