According to a marketing survey conducted by the Tobacco Growers Association, Afubra, tobacco buyers in Brazil saw a 43% increase in purchases of Virginia tobacco leaves and a 35% increase in purchases of burley tobacco leaves.
During a meeting at the South Rio Grande Tobacco Association on May 4th, President of Acre, Brazil, Benício Albano Werner, stated that this year the average price for small cigars is 15.09 Brazilian reais per kilogram (equivalent to 3.16 US dollars), while in 2021 at approximately the same time, the average price for rough wheat was 13.54 Brazilian reais per kilogram.
Industry insiders report that there is fierce competition to purchase excess supplies of green tobacco from farmers. As of the end of April, the states with major tobacco production - Rio Grande do Sul, Santa Catarina, and Paraná - have sold 73% of Virginia tobacco, 93% of Burley leaf, and 92% of Comum tobacco to leaf merchants.
The rise in prices can be attributed to the increase in costs of energy, fertilizers, and labor, among other factors.
Source: tobaccoreporter
This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.
