Tobacco auctions to be held today

Tobacco auctions to be held today
Highlights

Tobacco auctions to be held today.The two-day Tobacco Exhibition held at the Indian Tobacco Association Hall for the benefit of traders and exporters concluded on Tuesday. Auctions for the 225 grades of FCV tobacco displayed at the event will begin on Wednesday.

The two-day Tobacco Exhibition held at the Indian Tobacco Association Hall for the benefit of traders and exporters concluded on Tuesday. Auctions for the 225 grades of FCV tobacco displayed at the event will begin on Wednesday.

Indian Tobacco Association (ITA) president Umamaheshwara Rao with Guntur East MLA Mustaffa at an exhibition on Tuesday. (Inset) Trader Maddi Lakshmaiah speaking at the event

“The expo was an opportunity for the global merchants, manufacturers, exporters and dealers to examine all the FCV samples. The exhibition immensely benefitted all the stakeholders including global merchants, manufacturers, exporters and dealers.

The idea was to give tobacco traders firsthand information on the quality of the tobacco produced. The traders will bid for the tobacco at the auctions,” said Tobacco Board chairman K Gopal. The auctions will be conducted at the centres at Kaligiri, Dachipalli, Podili, Devarapalli, Gopalapuram, Koyyalagudem, Jangareddigudem, Tanguturu, Ongole and Kondepi.

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