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Monday, 19 September 2011

EU sugar refiners want EU to abolish duty on sugar imports

The European Union should abolish a 98 euros ($137) a metric ton duty on sugar imports from a group of countries including Brazil and Australia to ensure refiners have “fair access” to raw materials, an industry group said.

The EU suspended the so-called CXL duty from December 2010 to August this year as it would prohibit the imports under quotas, European Commission spokesman Roger Waite said in April. The EU allowed 500,000 tons of duty-free imports earlier this year, to deal with a shortage of sugar.

“It is essential that European cane sugar refiners have fair access to sufficient raw sugar at competitive prices,” Joao Pereira, chairman of the European Sugar Refiners’ Association, wrote in an e-mailed statement today. “ESRA urges the Commission to permanently abolish the CXL sugar import duty.” [...]

Supplies of raw sugar in the EU fell short of demand after the price in the world market became more advantageous than the price in the bloc, leading countries that usually export the sweetener to the 27-member states to ship elsewhere.

Source: Black Sea Grain

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