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(NAR) VOL. 6 NO. 3 / JULY - SEPTEMBER 1995

[ NTA MEMORANDUM CIRCULAR, November 21, 1994 ]

1995 FLOOR PRICE OF AIR-CURED BURLEY LEAF TOBACCO



After a series of consultative conferences with Burley tobacco farmers and members of the Philippine Aromatic Tobacco and Development Association, Inc. (PATDA-Burley Tobacco Group), the following floor prices by grade of AIR-CURED BURLEY tobacco have been agreed upon today and promulgated as follows:
GRADE
MINIMUM FLOOR PRICES
 
PER KILO
 
A
P 26.50
B
   24.50
C
   23.00
D
   20.50
E
   19.50
F
   11.00
R (Usable)
   10.00

This Memorandum Circular is being issued pursuant to the regulatory powers of the National Tobacco Administration under Executive Order No. 245 and after a series of Provincial and National Tobacco Tripartite Conferences with all sectors of the tobacco industry.

All concerned are therefore enjoined strictly the aforesaid floor-farm gate prices of AIR-CURED BURLEY tobacco which shall take effect during the 1995 trading season.

Be guided accordingly.

Adopted: 21 Nov. 1994

(SGD.) JOAQUIN T. ORTEGA
Administrator

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