Mumbai: After the good global demand for the last four years, after the good prices being received by Indian tobacco growers, it is now reported that tobacco is going to be a difficult time for farmers as prices are falling now. In particular, the price of black burl tobacco has declined significantly, while flu-cord virginia (FCV) types of tobacco farmers are currently not seeing any threat.
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Production of black burl, which is usually 30 million km. Gram. This is now happening, and it has increased three times in the current year to 80 million km. Gram. it has arrived.
Due to good prices for the last four years, farmers started harvesting black burns in large quantities. Market sources said that the price of black urban, which was 150 to 170 rupees per kg last year, has now fallen to around Rs 120.
The tobacco board has warned farmers not to cultivate tobacco more in view of the fall in tobacco prices globally. Andhra Pradesh is the largest producer of tobacco in the country.
The country’s tobacco export figure was Rs 16,000 crore in FY 2023-24. Exports have increased by two and a half times in the last five years.
