Commission Regulation (EC) No 2420/98 of 10 November 1998 fixing the representative prices and the additional import duties for molasses in the sugar sector
Date: 1998-11-10
Institutions: European Commission
Subjects: CCT duties, import, molasses, representative price

L 300/6

EN

Official Journal of the European Communities

11. 11. 98

COMMISSION REGULATION (EC) No 2420/98

of 10 November 1998

fixing the representative prices and the additional import duties for molasses in
the sugar sector

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European
Community,

Having regard to Council Regulation (EEC) No 1785/81
of 30 June 1981 on the common organization of the
market in sugar (1), as last amended by Regulation (EC)
No 1148/98 (2),

Having regard to Commission Regulation (EC) No 1422/
95 of 23 June 1995 laying down detailed rules of applica-
tion for imports of molasses in the sugar sector and
amending Regulation (EEC) No 785/68 (3), and in partic-
ular Articles 1 (2) and 3 (1) thereof,

Whereas Regulation (EC) No 1422/95 stipulates that the
cif import price for molasses, hereinafter referred to as the
‘representative price', should be set in accordance with
Commission Regulation (EEC) No 785/68 (4); whereas
that price should be fixed for the standard quality defined
in Article 1 of the above Regulation;

Whereas the representative price for molasses is calcu-
lated at the frontier crossing point into the Community,
in this case Amsterdam; whereas that price must be based
on the most favourable purchasing opportunities on the
world market established on the basis of the quotations or
prices on that market adjusted for any deviations from the
standard quality; whereas
standard quality for
molasses is defined in Regulation (EEC) No 785/68;

the

Whereas, when the most favourable purchasing opportun-
ities on the world market are being established, account
must be taken of all available information on offers on
the world market, on the prices recorded on important
third-country markets and on sales concluded in inter-
national trade of which the Commission is aware, either
directly or through the Member States; whereas, under
Article 7 of Regulation (EEC) No 785/68, the Commis-
sion may for this purpose take an average of several prices
as a basis, provided that this average is representative of
actual market trends;

the
Whereas the information must be disregarded if
goods concerned are not of sound and fair marketable
quality or if the price quoted in the offer relates only to a
small quantity that is not representative of the market;

(1) OJ L 177, 1. 7. 1981, p. 4.
(2) OJ L 159, 3. 6. 1998, p. 38.
(3) OJ L 141, 24. 6. 1995, p. 12.
(4) OJ L 145, 27. 6. 1968, p. 12.

whereas offer prices which can be regarded as not rep-
trends must also be dis-
resentative of actual market
regarded;

if

Whereas,
the standard
information on molasses of
quality is to be comparable, prices must, depending on
the quality of
the molasses offered, be increased or
reduced in the light of the results achieved by applying
Article 6 of Regulation (EEC) No 785/68;

Whereas a representative price may be left unchanged by
way of exception for a limited period if the offer price
which served as a basis for the previous calculation of the
representative price is not available to the Commission
and if the offer prices which are available and which
appear not
to be sufficiently representative of actual
market
trends would entail sudden and considerable
changes in the representative price;

Whereas where there is a difference between the trigger
price for the product in question and the representative
price, additional import duties should be fixed under the
conditions set out in Article 3 of Regulation (EC) No
1422/95; whereas should the import duties be suspended
pursuant to Article 5 of Regulation (EC) No 1422/95,
specific amounts for these duties should be fixed;

Whereas application of these provisions will have the
effect of fixing the representative prices and the addi-
tional import duties for the products in question as set
out in the Annex to this Regulation;

Whereas the measures provided for in this Regulation are
in accordance with the opinion of
the Management
Committee for Sugar,

HAS ADOPTED THIS REGULATION:

Article 1

The representative prices and the additional duties
applying to imports of the products referred to in Article
1 of Regulation (EC) No 1422/95 are fixed in the Annex
hereto.

Article 2

This Regulation shall enter into force on 11 November
1998.

11. 11. 98

EN

Official Journal of the European Communities

L 300/7

This Regulation shall be binding in its entirety and directly applicable in all Member
States.

Done at Brussels, 10 November 1998.

For the Commission
Franz FISCHLER

Member of the Commission

ANNEX

fixing the representative prices and additional import duties applying to imports of molasses in
the sugar sector

CN code

Amount of the representative
price in ECU per 100 kg net of
the product in question

Amount of the additional
duty in ECU per 100 kg net of
the product in question

Amount of the duty to be
applied to imports in ECU
per 100 kg net of the
product in question
because of suspension as
referred to in Article 5 of
Regulation (EC) No 1422/95 (2)

1703 10 00 (1)

1703 90 00 (1)

6,47

7,80

0,19

0,00

—

—

(1) For the standard quality as defined in Article 1 of amended Regulation (EEC) No 785/68.
(2) This amount replaces, in accordance with Article 5 of Regulation (EC) No 1422/95, the rate of the Common Customs Tariff

duty fixed for these products.