6.20 per kg - Tobacco Reporter https://tobaccoreporter.com Mon, 19 May 2025 13:05:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Zimbabwe Posts Single-Day Tobacco Sales Record https://tobaccoreporter.com/2025/05/19/zimbabwe-posts-single-day-tobacco-sales-record/?utm_source=rss&utm_medium=rss&utm_campaign=zimbabwe-posts-single-day-tobacco-sales-record Mon, 19 May 2025 13:05:04 +0000 https://tobaccoreporter.com/?p=164024 Zimbabwe set a single-day sales record with 7.2 million kg coming off the auction floor, the same day it saw a season-high price of $6.20 per kg.

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]]> Last Friday (May 9), Zimbabwe set a single-day sales record with 7.2 million kg coming off the auction floor, according to the Tobacco Industry and Marketing Board (TIMB). That day also saw a season-high price of $6.20 per kg, significantly better than last year’s best of $5.76.

 “This unprecedented volume reflects the significant progress made by farmers, most of whom have now completed curing and grading,” TIMB said.

Despite strong sales, around 40% of the crop remains unsold, with many companies still holding substantial volumes, TIMB said. China continues to be the leading importer of Zimbabwean tobacco leaf this year, accounting for 38.8% of total exports since sales began in March.

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