Agricultural prices 1995/1996: intervention prices for white and raw sugar, minimum prices for A and B beet
1995/0802(CNS)
Sugar: agricultural prices 1995/1996.
It was proposed that, for the loss-making areas of the Community, the derived intervention price for white sugar for the 1995/1996 marketing year should be fixed at:
. ECU 64.65 per 100 kg for all areas of the UK;
. ECU 64.65 per 100 kg for all areas of Ireland;
. ECU 64.65 per 100 kg for all areas of Portugal;
. ECU 64.65 per 100 kg for all areas of Finland;
. ECU 64.88 per 100 kg for all areas of Spain;
. ECU 65.53 per 100 kg for all areas of Italy;
It was also proposed to fix:
- the intervention price for raw sugar at ECU 52.37 per 100 kg;
- the minimum price of A beet, which would be valid throughout the Community, at ECU 46.72 per tonne;
- the minimum price of B beet, which would be valid throughout the Community, at ECU 32.42 per tonne;
Finally, it was proposed that the monthly compensation for storage costs for white sugar should be reduced from ECU 0.48 per 100 kg to ECU 0.41 per 100 kg, taking into account the current interest rate.
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