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WORLD DEVELOPMENTS

RECENT REPORTS:

Netherlands: Dutch leaf imports in 2001 are forecast to reach 75,986 metric tons, down nearly 6 percent from the previous year. U.S. leaf imports to the Netherlands are estimated to total 31,797 tons in 2001 as compared to 29,606 tons in 2000. The U.S. market share of foreign leaf tobacco to Holland was 37 percent , up 5 percent in 2001 as compared to a year ago. The 5-percent increase is due to lower imports of flue-cured and burley tobacco from Zimbabwe, Tanzania, and Malawi due to ongoing political and economic instability in these countries. NL1055

WORLD AUCTION UPDATES:

Malawi: Malawi's Tobacco Control Commission reported that 96 million kg of burley tobacco were sold after the seventeenth week of the auction season for an average price of U.S. $1.06 per kilogram. This is up nearly 10 percent in volume and up 4 percent in price from the same period a year ago.

Zimbabwe: Zimbabwe’s Tobacco Marketing Board reported that 112 million kg of flue-cured tobacco were sold after seventeen weeks of the auction season for an average price of U.S.$2.67 per kilogram. This is nearly down 6 percent in volume while the average price is 47 percent higher compared to the same period a year ago.

U.S. DEVELOPMENTS

U.S. AUCTION UPDATE

Flue-Cured: Through the fifth week of sales of the 2001 season, gross flue-cured sales reached 256 million pounds, including contracted sales, at an average price of $1.93 per pound. Based on the effective quota, about 46 percent of the 2001 flue-cured crop has been sold. For complete report go to  www.ams.usda.gov/tob/mncs/index.htm.

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Last modified: Wednesday, November 26, 2003