Tobacco Commission (TC) has proposed to close the 2024 tobacco selling season in early August this year.
The proposal was made during the tobacco sales committee meeting, which was held on July 9, 2024, where members agreed to have the Chinkhoma floors close on July 12, Lilongwe and Limbe on July 19 and Mzuzu floors on August 2, 2024.
The selling season which was opened on April 15 will close after 16 weeks of trading.
In an interview with YFM, TC spokesperson, Telephorus has rated the 2024 selling season as one of the best in recent years in view of unprecedented high prices and smooth trading.
As of Thursday, last week, 123.4 million kilogrammes of tobacco valued at $367.1 million had been sold at an average price of $2.95 per kg.
