THE tobacco sales marketing season, which began on March 5, has generated over US$25,3 million in the first week of auction sales.AdvertisementsHowever, this figure represents a 34,41 percent drop compared to last year, when US$38,4 million was generated in the first week.According to figures released by the Tobacco Industry Marketing Board (TIMB) yesterday, the average…
Tobacco sales rake in US$25m in first week
According to figures released by the Tobacco Industry Marketing Board (TIMB) yesterday, the average selling price was US$3,49 per kilogramme, compared to US$3,31 per kilogramme last year, a 5,61 percent increase.