Agricultural prices 1996/1997: sugar prices and standard quality of beet

1996/0060(CNS)
Agricultural prices and related measures 1996/97 - Sugar. The Commission proposes to maintain unchanged the basic price for beet, the intervention price for white sugar and the manufacturing margin. The 1996/97 price proposals are therefore as follows: - Basic price for beet: ECU 47.67 per tonne. - Minimum price for A beet: ECU 46.72 per tonne. - Minimum price for B beet: ECU 32.42 per tonne. - Intervention price for white sugar: ECU 63.19 per 100 kg. - Target price for white sugar: ECU 66.50 per 100 kg. - Intervention price for raw sugar: ECU 52.37 per 100 kg. As far as the reimbursement of storage costs is concerned, the Commission proposes that the amount of the monthly refund be reduced from ECU 0.45/100 kg to ECU 0.41/100 kg, to take account of the lower interest rates prevailing in the Community. �