Tobacco rejection rate declines

7

The Tobacco Control Commission (TCC) says there has been a decline in the rejection rate of tobacco at the country’s auction floors.

TCC planning and research manager Hellings Nasoni said there has been a slight change in the rejection rate.

“We have seen an improvement in the rejection rate though there are differences in various markets,” he said.

Malawi Tobacco

Rejection rate down.

According Nasoni, the rejection rate at   Lilongwe Auction Floors has dropped to 60 percent from 80 percent, in Limbe it was at 80 percent but now it is at 63 percent whilst Chankhoma was at 60 percent but now is at 40 percent.

He added that Mzuzu Auction Floors has not had a change because the market was opened late.

However, Nasoni said the cash crop has raked in $16 million since the opening of the market which is lower as compared to the same stage last year when over $20 million worth of tobacco had been sold.

Nasoni has attributed the decline to the late opening of the market and to the fact that most of the tobacco has been sold through auction system than contract system.

Share.

7 Comments

  1. tobacco is one of the cash crop that brings malawa alot of money in order to sustain the development of our countro the gouernment has to help the farmers by looking for good markets that can buy tobacco at good price and help the farmers leave the poverty life,,,,,,