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| 25 feb 2011 |
14:21 |
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Commission moves to improve supplies on the EU sugar market
A Commission initiative to release 500 000 tonnes of out of quota sugar* onto the EU market has been backed by Member States in the Management Committee yesterday, and the Commission has also made clear its intention to open an import quota for 300 000 tonnes of raw or refined sugar at zero duty in early March. These measures come in response to the current exceptional market circumstances which see the EU sugar market in deficit and world market prices above average EU levels.
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