EU: Shake up of sugar market announced, but no joy for consumers
A shake-up of the EU sugar market was proposed yesterday (4 October) by the European Commission, but although it involves substantial cuts in subsidies, Brussels officials said that they did not expect sugar price rises for the food processing industry.The Commission is expecting to save the equivalent of GB£200m annually by withdrawing support for storage; an official in Mr Fischler's office said that this "should not in itself lead to higher sugar prices for the food processing industry.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Unilever 2016 investor day - the top takeaways
- Have food promotions reached tipping point?
- Mondelez goes beyond certified cocoa - analysis
- What Premier CEO Gavin Darby thinks about Brexit
- How Tyson's new CEO plans to grow the meat group
- Nestle unveils process to cut sugar by 40%
- Putin 'wants embargo to run as long as possible'
- Unilever sets new margin target with help from ZBB
- Unilever focuses on "value" of spreads arm
- McCormick to buy flavours business Enrico Giotti