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Manufacturing > Tobacco
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USA - Burley demand may exceed supply as African output falters

Demand for burley tobacco may “slightly” exceed supply this year as larger than expected shortfalls in Africa underpin an expected 13 per cent drop in global production, Universal said in its latest earnings statement.

“We are currently forecasting worldwide burley tobacco production levels for fiscal year 2018 of about 510 million kilos, a reduction of approximately 13 per cent from fiscal year 2017 levels. As a result, we believe that demand for burley tobacco may slightly exceed...

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