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Zimbabwe: Over U.S.$618 000 Tobacco Sold on First Day
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Tobacco market
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A TOTAL of 173 505kg of flue-cured tobacco worth US$618,350 were sold on the first day of the 2012 tobacco selling season that started on Wednesday. The average price was US$3,56. Last season a total of 84 542kg valued at US$216, 666 were sold on the first day at an average price of US$2,56.
Boka Tobacco Sales Floor had the highest price of US$4,78 followed by Millennium Tobacco Floors with US$4,76 per kg and Tobacco Sales Floor with US$4,71.
TSF laid 1 008 and sold 980 bales, BTF laid 867 and sold 832 while MTF 203 and sold 186 bales.
Meanwhile, the contract-selling season started on a high note yesterday with prices ranging between US$4,50 and US4,95 per kg.
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