The Brazilian Tobacco Growers Association and Tobacco Companies Launch Tobacco Price Negotiations for 2023/24

The Brazilian Tobacco Growers Association and Tobacco Companies Launch Tobacco Price Negotiations for 2023/24

According to a report by Brazilian media globalural on January 15, the Brazilian Tobacco Growers Association (Afubra) is composed of representatives from the farmers’ associations (Farsul, Faesc, Faep) and the agricultural and industrial federations (Fetag, Fetaesc, Fetaep) of Rio Grande do Sul, Santa Catarina and Paraná. The Tobacco Producers Committee launched two days of negotiations with eight major tobacco companies on the 15th and 16th local time.

The first day of the meeting will begin on the morning of the 15th, and representatives from various representative organizations will jointly agree on the minimum price of tobacco in 2023/24. Before 12 a.m. on the 16th, representatives from eight major tobacco companies will be received, namely: Alliance One, BAT, China Brazil, CTA, Japan Tobacco (JTI), Marasca Tobacco, Universal Tobacco (Universal) Leaf) and UTC.

Marcilio Drescher, chairman of the Afubra Tobacco Growers Association, expressed his expectations for the talks, hoping that all companies can make fair offers that take into account the interests of tobacco farmers and the production costs of their products, and make up for the losses in previous years. price gap.

It is worth noting that Japan Tobacco Incorporated (JTI) initiated negotiations with the Commission in December last year and continued talks with the Commission during this meeting. Chairman Marsilio Drescher said they have confidence in Japan Tobacco's sincerity and look forward to the talks reaching a satisfactory outcome for all parties.
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