Don’t miss the latest developments in business and finance.

Karnataka's tobacco demand touching new highs

Image
Anil Urs Bangalore
Last Updated : Jun 14 2013 | 4:08 PM IST
Trade-led demand for tobacco grown on Karnataka's light soils for the 2005-06 crop season is estimated to be around 80 million kilograms.
 
With this strong demand, the Karnataka Tobacco Board has fixed the state's crop size for the 2005-06 at 72 million kgs, as against 65.95 million for the 2004-05 crop season.
 
The board has fixed the crop size for Andhra Pradesh""the largest tobacco growing state""at 135 million kg for the 2005-06 crop season, as against 108.16 million kg in 2004-05 season. The all-India crop size has been fixed at 270 million kg. 
 
PUFFING AWAY
Auction platformCrop sizeQuantity soldAvg price/kg
HD Kote 5.42 million kg8.03 million kgRs 48.70
Hunsur-1

 7.04 million kg

10.39 million kgRs 45.93
Hunsur-26.53 million kg9.69 million kgRs 46.11
Periyapatna-18.57 million kg11.74 million kgRs 49.47
Periyapatna-27.35 million kg9.62 million kgRs 48.29
Periyapatna-36.54 million kg8.90 million kgRs 49.65
Kampalapura11.82 million kg16.91 million kg Rs 47.22
Ramanthpura10.71 million kg14.48 million kgRs 45.62
Shimoga1.97 million kg5.35 lakh kgRs 37.46
 
The crop size was fixed at a meeting with the stakeholders which includes the growers' representatives, the trade body Indian Tobacco Association (ITA), cigarette manufacturers and officials from the Central government and concerned state governments.
 
The Tobacco board, it is learnt, has taken a decision to allow 1,247 unauthorised barns in Karnataka and 1,062 barns in Andhra Pradesh to be regularised, which coincides with sowing and nursery activity that has begun in the tobacco-growing regions in Karnataka.
 
As per the board's 2004-05 Mysore FCV (Flue Cured Virginia or traditional tobacco) final tobacco auction report, during the 2004-05 crop season, Karnataka farmers have sold 90 million kg as against an authorised crop size of 74 million kg in 10 auction platforms.

 

Also Read

First Published: Aug 09 2005 | 12:00 AM IST

Next Story