• November 15, 2024

Flue-cured prices rising steeply in Andhra

Flue-cured tobacco prices have been rising steeply on the auction floors of Andhra Pradesh, India, and recently hit a new high of INR172 per kg at the Koyyalagudem floors in the West Godavari district of the state, according to a story in the most recent issue of the BBM Bommidala Group newsletter.

The story said that tobacco prices had been strong in Andhra this year, from the beginning of the auctions and across all regions.

Even the lowest-quality tobacco has fetched an average of INR88.81 per kg this year, against the INR88.38 per kg fetched last year.

Thirty-five days into the selling season, 26.20 million kg of flue-cured had been sold, of which 18.94 million kg comprised bright grades.