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Exporters still adopting a wait-and-watch approach, say farmers
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A representative of a trading firm examining the quality of tobacco as auctions resume in Ongole. | Photo Credit: KOMMURI SRINIVAS
Exporters still adopting a wait-and-watch approach, say farmers
Auctions have resumed on a promising note in the traditional tobacco growing areas in Nellore and Prakasam districts after a 16-day break, as the intensity of COVID-19 has lessened across South Coastal Andhra Pradesh.
Anxious to liquidate the stocks on hand and fearing deterioration in the quality of the produce as and when the southwest monsoon sets in, farmers brought over 6,000 bales for sale in the 11 auction platforms in the Southern Light Soil (SLS) and Southern Black Soil (SBS) regions till Tuesday evening.