GUNTUR: Tobacco auctions for coming sale season in the state will commence on March 15. Tobacco board has decided to start the Flu-Cured Virginia (FCV) tobacco auctions in 11 platforms in the first phase. Board has also decided to commence the auctions in the remaining six platforms in the second phase on March, 24.
Tobacco growers are hopeful of getting good prices in the coming season as the markets across the globe have started to resume operations.
The high prices offered by the merchants in Karnataka are also making the growers in AP to dream about fancy prices. The growers in Karnataka fetched a record average price of Rs 177 per kg for the bright grades while the low-grades too have returned them a price of Rs.130 per kg. In some of the platforms, stocks were purchased at over Rs 200 per kg in Karnataka.
According to an official release issued by the tobacco baord on Tuesday, the auctions in Podili-I, Kandukur-I, Kandukur-II, Kaligiri, DC Palli and Kanigiri in Southern Light Soils region (SLS), Ongole-I, Ongole-II, Tangutur-I, Kondapi and Vellamapalli 9n Southern Black Soils (SBS) region would be launched in the first phase on March, 15.
Similarly, the auctions in Devarapalli, Jangareddigudem-I, Jangareddigudem-II, Koyyalagudem and Gopalapuram in Northern Light Soils (NLS) region would be kick-started on March, 24.
Tobacco board has authorized 115million kg of crop in Andhra Pradesh for the 2020-21 season. Board has decided to launch the auctions keeping in view of last year’s experiences into consideration as it took more than six months to complete the sale process during the last season.
According to information, about 60 million kg of stock was sold in Karnataka during the ongoing auctions. The board authorities are hopeful of winding up the sale process in Karnataka before commencement of auctions in AP.
The board has authorised a crop of 88 million kg for Karnataka where the average prices are also reasonably good.
Good season ahead
* Tobacco board to start first phase auctions in AP on March 15
* Auctions will begin in 11 platforms in the first phase
* Auctions in 5 platforms will commence on March 24
*Tobacco board authorized a crop of 115million kgs for AP
*Sale of nearly 60mkg of the total authorized crop of 88mkg was completed in Karnataka
*Board is planning to wind up auctions in Karnataka before March 15
*Tobacco growers are hopeful of a good season as markets across the globe resumed after near year-long covid-19 setback