Commission Regulation (EC) No 1216/2004 of 30 June 2004 fixing the derived intervention prices for white sugar for the 2004/05 marketing year

1.7.2004 EN Official Journal of the European Union L 232/25
COMMISSION REGULATION (EC) No 1216/2004
of 30 June 2004
fixing the derived intervention prices for white sugar for the 2004/05 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) Article 2(1)(a) of Regulation (EC) No 1260/2001 fixes the intervention price for white sugar for non-deficit areas at EUR 631.9 per tonne for the 2001/02 to 2005/06 marketing years.
(2) Article 2(1)(b) of that Regulation 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) To establish whether an area is a deficit area, projections should be made on the basis of the data returned by the Member States relating both to the current marketing year as regards consumption trends, and to the prospects for the coming marketing year as regards developments in available production. As a result, areas should be recognised as deficit areas only where the projections clearly indicate that a deficit is likely to occur.
(4) On this basis, the areas of production in Greece, Spain, Ireland and the United Kingdom, Italy, Portugal and Finland are likely to be deficit areas.
(5) The measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Sugar,