Paddy rice: monthly increases in the intervention price for the 1999/2000 marketing year

Prices for agricultural products 1999/2000 - Paddy rice (monthly price increases): The intervention price for paddy rice for the 1996/97 to 1999/2000 marketing years was fixed by the Council when the reform of the common market organisation was adopted in 1995. It was fixed at EUR 298.35 per tonne for the 1999/2000 marketing year, down from EUR 315.90 per tonne in 1998/1999. In spite of the reduction in the intervention price, the Commission proposes to maintain the present level of EUR 2.0 per tonne, in view of the difficult market situation for rice.�