3 Der Markt für Zucker

Ulrich Sommer

Published: 01.01.2001  〉 Heft 1/2001  〉 Resort: Articles 
Submitted: N. A.   〉 Feedback to authors after first review: N. A.   〉 Accepted: N. A.

ABSTRACT

(3) The world sugar market remained well supplied in 2000 although there was a short lived speculation for higher prices released by exaggerated reports about eventual crop shortfalls. Low world prices required the EU Commission to make fine-tuned cuts into national sugar quotas for exactly complying with WTO export restric-tions. The Council of Farm Ministers agreed to roll on the Common Market Organization without making deci-sive changes while medium term prospects signal world supplies to further outpace demand.
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Ulrich Sommer, FAL-MA, Bundesallee 50, D-38116 Braunschweig
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