Commission Regulation (EC) No 2973/95 of 20 December 1995 authorizing the conclusion of long-term private storage contracts for table wine, grape must, concentrated grape must and rectified concentrated grape must in respect of the 1995/96 wine year

COMMISSION  REGULATION (EC) No 2973/95 of 20 December 1995 authorizing the conclusion of long-term private  storage contracts for table wine, grape must, concentrated grape must and rectified concentrated  grape must in respect of the 1995/96 wine year
THE COMMISSION OF THE EUROPEAN  COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 822/87 of 16 March 1987 on the common organization of  the market in wine  (1), as last amended by Regulation (EC) No 1544/95  (2), and in particular  Articles 32 (5) and 81 thereof,
Whereas the forward estimate drawn up for the 1995/96 wine year indicates that the quantities of  table wine available at the beginning of the wine year exceed by more than four months' supply  those normally used up over the year; whereas the conditions for authorization of long-term storage  contracts specified in Article 32 (4) of Regulation (EEC) No 822/87 are therefore met;
Whereas the abovementioned forward estimate indicates the existence of surpluses of all types of  table wine and of table wines which stand in close economic relationship to those types of table  wine; whereas it is necessary by the same token to open this possibility for grape must,  concentrated grape must and rectified concentrated grape must;
Whereas the market for must and concentrated must for grape juice production is expanding and to  promote uses of vine products other than winemaking permission should be granted for must and  concentrated grape must placed under a storage contract covered by Commission Regulation (EEC) No  1059/83  (3), as last amended by Regulation (EC) No 2537/95  (4), that is intended for grape juice  production to be sold from the fifth month of the contract onwards on simple notification by the  producer to the intervention agency; whereas to promote export of these products this same  possibility should apply;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the  Management Committee for Wine,