<ul><li>Farmers in Andhra Pradesh are facing plunging tobacco prices due to oversupply, caused by a significant increase in acreage driven by consistent demand and the crop's profitability.</li><li>Tobacco Board and traders had warned against expanding acreage as global prices were expected to decrease, leading to the current crisis.</li><li>Andhra Pradesh, the largest tobacco producer, is experiencing political tensions as farmers and opposition parties blame the Tobacco Board for the situation.</li><li>The Board, responsible for Virginia tobacco, is under pressure to address the oversupply issue, leading to protests and calls for government intervention.</li></ul>

Tobacco prices in Andhra Pradesh plunge on oversupply

Discover more