{"id":29326,"date":"2022-08-17T19:28:58","date_gmt":"2022-08-17T19:28:58","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/tobaccos-lost-charm"},"modified":"2022-08-17T20:31:43","modified_gmt":"2022-08-17T20:31:43","slug":"tobaccos-lost-charm","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/tobaccos-lost-charm","title":{"rendered":"Tobacco\u2019s lost charm"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>Malawi has failed to satisfy international buyers\u2019 demand for tobacco this year having sold 85 million kilogrammes (kg) of all types of the leaf against the required 150 million kg.<\/p>\n

According to figures from the tobacco market operator, AHL Group, as of week 19, the country sold 84.7 million kg of tobacco, realising $181.3 million.<\/p>\n

The earnings are also lower than the $194.9 million the country realised after selling 121.7 million kg of all types of tobacco last season. This comes as all markets have been closed except Mzuzu Auction Floors which closes tomorrow.<\/p>\n

The drop in volume was, however, a blessing in disguise as demand and supply forces came into force, pushing average prices to $2.14 from $1.50 last season. AHL Group General Manager Graham Kunimba said since the appetite from the buyers was huge while the supply was low, the leaf attracted better prices.<\/p>\n

\u201cNext year we expect further improved prices because the cost of production will be high and they will have to balance but the industry will sit and decide and recommend minimum prices but farmers are expecting improved prices,\u201d he said.<\/p>\n

Tobacco Association of Malawi (Tama) Trust President Abiel Kalima Banda said a lower leaf output was expected due to harsh weather conditions. \u201cApart from delayed rains, early this year we have seen two storms which swept crop fields across the country especially in the southern region so all these factors have affected tobacco output,\u201d Banda said.<\/p>\n

Meanwhile agriculturalist Leonard Chimwaza said the leaf is gradually losing its relevance evidenced by lowering output and revenue. Chimwaza compared the leaf with Soya, whose production was not as involving and costly as the leaf.<\/p>\n

\u201cThe comparison does not favour tobacco and farmers have been shifting towards legumes rather than tobacco and this trend will continue unless there should be some kind of incentives,\u201d he said.<\/p>\n

While buyers demanded 150 million kg, the country forecasted that tobacco output will be at 100 million kg but with the current figures, the market has failed to fulfil the forecast.<\/p>\n

The closure of the Mzuzu Auction floor Friday will mark the end of this year\u2019s tobacco market which opened in March. Tobacco remains the backbone of commercial agriculture in Malawi and main cash crop and foreign exchange earner but its production has been on the downward spiral in recent years.<\/p>\n

Justin Mkweu is a fast growing reporter who currently works with Times Group on the business desk. He is however flexible as he also writes about current affairs and national issues.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. Malawi has failed to satisfy international buyers\u2019 demand for tobacco this year having sold 85 million kilogrammes (kg) of all types of the leaf against the required 150 million kg. According to figures from the tobacco market operator, AHL Group, as of week 19, the country sold 84.7 million kg of tobacco, […]<\/p>\n","protected":false},"author":84,"featured_media":29325,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[233,371,234,4583,4408],"class_list":["post-29326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-malawi","tag-malawi","tag-mzuzu-auction-floors","tag-tobacco-association-of-malawi"],"yoast_head":"\nTobacco\u2019s lost charm - Malawi<\/title>\n<meta name=\"description\" content=\"Malawi has failed to satisfy international buyers\u2019 demand for tobacco this year having sold 85 million kilogrammes (kg) ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/tobaccos-lost-charm\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tobacco\u2019s lost charm\" \/>\n<meta property=\"og:description\" content=\"Malawi has failed to satisfy international buyers\u2019 demand for tobacco this year having sold 85 million kilogrammes (kg) ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/tobaccos-lost-charm\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-17T19:28:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-17T20:31:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/08\/postQueueImg_13-62fd5007a38d3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1556\" \/>\n\t<meta property=\"og:image:height\" content=\"904\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/tobaccos-lost-charm#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/tobaccos-lost-charm\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Tobacco\u2019s lost charm\",\"datePublished\":\"2022-08-17T19:28:58+00:00\",\"dateModified\":\"2022-08-17T20:31:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/tobaccos-lost-charm\"},\"wordCount\":426,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/tobaccos-lost-charm#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2022\/08\/postQueueImg_13-62fd5007a38d3.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\",\"Mzuzu Auction Floors\",\"Tobacco Association of Malawi\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/tobaccos-lost-charm#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/tobaccos-lost-charm\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/tobaccos-lost-charm\",\"name\":\"Tobacco\u2019s lost charm - 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