Tobacco Council Releases Determinations for 2010 Tobacco Cultivation

Source from:  JT.com 11/11/2009

Japan Tobacco Inc. (JT) (TSE: 2914) announced that this afternoon the Leaf Tobacco Deliberative Council, chaired by Masayuki Takahashi, released its annual determinations for domestic leaf tobacco cultivation area and grower prices for 2010, in response to a proposal submitted by JT earlier in the day. The Council was in general agreement with JT's proposal, and determined that in 2010, the domestic tobacco cultivation area will be set at 15,300 hectares. The leaf tobacco grower price will be lowered 2.16 percent from the previous year and set at an average of JPY 1,869.28 per kilogram for all leaf types. JT will proceed with operations in 2010 based on the Council's determinations.

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