Council Regulation (EEC) No 1313/90 of 14 May 1990 fixing, for the 1990/91 marketing year, the derived intervention prices for white sugar, the intervention price for raw sugar, the minimum prices for A and B beet, the threshold priceS, the amount of compensation for storage costs and the prices to be applied in Spain and Portugal

COUNCIL REGULATION (EEC) N° 1313/90
of  14 May 1990
fixing, for the 1990/91 marketing year, the derived intervention prices for white  sugar, the intervention price for raw sugar, the minimum prices for A and B beet, the threshold  prices, the amount of compensation for storage costs and the prices to be applied in Spain and  Portugal
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to the Act of Accession of Spain and Portugal, and in particular Article 89 (2) and  Article 234 (2) thereof,
Having regard to Council Regulation (EEC) No 1785/81 of 30 June 1981 on the common organization of  the markets in the sugar sector (1), as last amended by Regulation (EEC) No 1069/89 (2), and in  particular Article 3 (5), Article 5 (5), Article 8 (4) and Article 14 (5) thereof,
Having regard to the proposal from the Commission (3),
Having regard to the opinion of the European Parliament (4),
Whereas Council Regulation (EEC) N° 1312/90 of 14 May 1990 fixing, for the 1990/91 marketing year,  certain sugar prices and the standard quality of beet (5), fixed the intervention price for white  sugar at ECU 53,10 per 100 kilograms applicable for the non-deficit areas;
Whereas Article 3 (1) of Regulation (EEC) No 1785/81 provides that derived intervention prices for  white sugar are to be fixed for each of the deficit areas; whereas, for such fixing, it is  appropriate that account be taken of the regional variations which, given a normal harvest and free  movement of sugar, might be expected to occur in the price of sugar under natural conditions of  price formation on the market;
Whereas a deficit supply situation is to be foreseen in the areas of production in Italy, Ireland  and the United Kingdom;
Whereas Article 3 (5) of Regulation (EEC) No 1785/81 provides that an intervention price for raw  sugar shall be fixed; whereas such price should be established on the basis of the intervention  price for white sugar;
Whereas Regulation (EEC) N° 1312/90 fixed the basic price
for beet at ECU 40,07 per tonne; whereas  Article 5 (2) of Regulation (EEC) No 1785/81 provides that the minimum
price to be fixed for A  beet shall be 98 % of the basic price of the beet and the minimum price to be fixed for B beet  shall in principle be 68 % of the said basic price, without prejudice to Article 28 (5) of that  Regulation;
Whereas Article 14 (2) of Regulation (EEC) No 1785/81 provides that the threshold price for white  sugar shall be equal to the target price, plus costs, calculated at a flat rate, of transport from  the Community area having the largest surplus to the most distant deficit consumption area in the  Community, plus a flat-rate amount which takes into account the foreseeable storage levy; whereas,  given the state of supplies within the Community, account should be taken of transport charges  between the departments of northern France and Palermo;
Whereas the threshold price for raw sugar is to be derived from the threshold price for white sugar  by reference to a processing margin and a standard yield;
Whereas the threshold price for molasses should be fixed in such a way that the receipts from sales  of molasses may reach the level of receipts of undertakings taken into account in the fixing of  basic prices for beet;
Whereas Article 5 of Regulation (EEC) No 1358/77 (6) provides that the amount of repayment in the  context of the compensation for storage costs shall be fixed per month and per unit of weight,  taking account of financing costs, subject to interest of 10 %, insurance costs and specific  storage costs;
Whereas, when the prices to be applied in Spain and Portugal are fixed, the prices fixed for those  Member States for the 1986/87 marketing year should be aligned with the common prices in accordance  with Articles 70 and 238 of the Act of Accession,