Commission Regulation (EC) No 1263/2001 of 27 June 2001 fixing the derived intervention prices for white sugar for the 2001/02 marketing year

Commission Regulation (EC) No 1263/2001
of 27 June 2001
fixing the derived intervention prices for white sugar for the 2001/02 marketing year
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EC) No 1260/2001 of 19 June 2001 on the common organisation of the markets in the sugar sector(1), and in particular Article 2(4) thereof,
Whereas:
(1) Regulation (EC) No 1260/2001 fixes the intervention price for white sugar for non-deficit areas at EUR 63,19/100 kg for the 2001/02 to 2005/06 marketing years.
(2) Article 2(1)(b) of Regulation (EC) No 1260/2001 provides that derived intervention prices for white sugar are to be fixed for each deficit area each year. When those prices are fixed, account is to be taken of the regional variations in the price of sugar, which, given a normal harvest and free movement of sugar, may be expected to occur under natural conditions of price formation on the market and in view of experience gained and the costs of transporting sugar from surplus areas to deficit areas.
(3) The areas of production in Ireland, the United Kingdom, Spain, Portugal and Finland are likely to be deficit areas.
(4) The measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Sugar,