Netherlands: Since 1998, Dutch imports of leaf tobacco have increased steadily to 92,000 metric tons in 2001. Leaf imports in 2002 are forecast to total 65,000 tons, down 28 percent from 2001. This 28-percent decrease is attributed to surplus stocks. NL2036
World Auction Updates:
Tobacco Auction Update: Zimbabwe’s Tobacco Marketing
Board reported that 78,420 tons of flue-cured was sold after fourteen weeks of
the auction season for an average price of U.S.$2.10 per kilogram.
This is down 6 percent in volume and 9 percent in value from 2001.
U.S. AUCTION UPDATE
Flue-Cured: Through the third week of sales of the 2002 season, gross flue-cured sales reached 211 million pounds, including contracted sales, at an average price of $1.82 per pound. Based on the effective quota, about 27 percent of the 2002 flue-cured crop has been sold. For complete report go to www.ams.usda.gov/tob/mncs/index.htm.
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