By Justin Mkweu:
Malawi has this year registered the lowest volume and average price for tobacco, which may affect total annual revenue.
Our analysis of figures from market operator AHL show that, in the first 17 weeks of tobacco sales, farmers have realised $272.2 million (K476.6 billion) after trading 136.5 million kilogrammes (kg) of tobacco at an average price of $1.99 (K3,484.49).
By this time last year, Malawi had earned $464.8 million K813.8 billion) from 182.4 million kg of tobacco sold at an average price of $2.55 (K4,465.05).
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