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Afghan Opium Prices 'Crash'
Pubdate: Mon, 24 Sep 2001
Source: BBC News (UK Web)
Copyright: 2001 BBC
Contact: http://newsvote.bbc.co.uk/hi/english/talking_point/
Website: http://news.bbc.co.uk/
Details: http://www.mapinc.org/media/558
Author: Owen Bennett-Jones
Bookmark: http://www.mapinc.org/find?203 (Terrorism)
Bookmark: http://www.mapinc.org/heroin.htm (Heroin)
AFGHAN OPIUM PRICES 'CRASH'
The Street Value Of Opium Has Fallen In Recent Days
ISLAMABAD -- UN officials in Pakistan say the price of Afghan opium has
collapsed following the attacks on the World Trade Center and the Pentagon.
Before 11 September, one kilo of opium was selling for $700. The price is
now between $200-300.
The Taleban regime in Afghanistan had outlawed poppy production, but it's
now feared that cultivation will start once again.
There are two possible reasons for the collapse in opium prices - some
Afghans holding stocks of opium are now trying to off-load them.
They fear that their opium could be destroyed in American air strikes.
Reports from the semi-autonomous tribal areas of Pakistan say that prices
have been driven down by the sheer quantity being sold by Afghan traders.
Farming Ban
There could be another factor - in July 2000, the Taleban announced a
complete ban on poppy production and then went on to enforce it.
The UN believes the ban was so effective that production fell by 3,000 tonnes.
Unconfirmed reports from inside Afghanistan now say that if America
attacks, the Taleban may reverse that ban.
Many farmers resented the loss of income associated with the ban, and the
Taleban may want to win back popular support by allowing people to grown
poppies once again.
The sowing season is in October and early November, and the prospect of
farmers planting new crops means that opium traders are wondering whether
supplies will markedly increase next year.
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