EU to increase imports of sugar, as the confectionery industry squeezed quotas

Sea 19 2012 published c news

As expected, The European Union in the near future will increase the imports on the domestic sugar market. The increase in imports is very pleased representatives of Europe's confectionary industry, who find themselves in a difficult situation because of the restrictions on the supply of sugar quota.

The European Commission announced, that many Member States have problems with the supply of sugar. The European Commission has also confirmed, that the final decision about, Is open access to the European market for additional import of sugar supplies, It will be taken to 12 April.

Industry Association of chocolate production, biscuits and confectionery (CAOBISCO), industrial organization, representing the interests of such companies, as, in particular, Nestle и Kraft, together with the Union of European sugar consumers (CIUS), approvingly reacted to news of a possible increase in the supply of sugar.

"At the moment we are seeing clear signs of shortage of sugar on the European market. Get a steady supply of sugar is almost impossible, – Muriel said Courter, Director of Economic Development CAOBISCO, – The situation is heating up so you need an urgent solution to the problem. All are very concerned, especially in the run-up to the onset of the summer season ".

CAOBISCO and CIUS expect, that before the end of the current marketing year, the amount of sugar to the European market will increase at least 1,6 million. metric tons.

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