EU and world sugar markets in 2010

2011 ◽  
pp. 90-100
Author(s):  
Stephan Nolte ◽  
Harald Grethe
Keyword(s):  
World Market ◽  
Final Decision ◽  
Sugar Production ◽  
Domestic Price ◽  
Sugar Consumption ◽  
Market Prices ◽  
Sugar Market ◽  
High Level ◽  
High World ◽  
The Eu

2010 started with world sugar prices at an exceptionally high level. Until May 2010, prices decreased significantly, but began to rise again. By the end of December, they reached a 30-year high. Also the white sugar premium temporarily reached a record high in 2010. In the EU, preferential imports fell short of expectations due to high world market prices and the domestic price remained about 20% above the reference price. The sugarbeet yield in 2010 was much lower than in the bumper crop of 2009. Sugar production in the EU in marketing year 2010/11, however, will still be higher than the aggregate production quota. Due to fears of a shortage on the domestic market, no final decision has been taken to ease restrictions on exports of out-of-quota sugar. Key words: sugar market, EU, world sugar market, sugar production, sugar consumption

scholarly journals Wpływ regulacji rynku na funkcjonowanie sektora cukrowniczego w Polsce

2014 ◽  
pp. 127-141 ◽  
Author(s):  
Michał Pietrzak ◽  
Marcin Mucha
Keyword(s):  
European Union ◽  
European Commission ◽  
Sugar Industry ◽  
Free Market ◽  
World Market ◽  
The European Union ◽  
Market Conditions ◽  
The World ◽  
Sugar Market ◽  
The Eu

In the period 1990–2013 sugar industry in Poland faced numerous legal transformations, shifting from nearly free-market conditions into a strongly regulated sector. Changes of the sugar industry regulations had a significant impact on the structure of the sugar market, companies’ actions and, as a result, on their performance. Accession to the European Union and the reform of the sugar regime conducted from 2006 to 2010 on the initiative of the European Commission involved deep restructuring and modernization of the factories, which caused growth of their productivity. However, prices of sugar in the EU and in Poland are much higher than prices on the world market.

Developments in the EU and world sugar markets in 2009

2010 ◽  
pp. 29-36
Author(s):  
Stephan Nolte ◽  
Harald Grethe
Keyword(s):  
World Market Price ◽  
Market Price ◽  
World Market ◽  
Current Season ◽  
Implementation Phase ◽  
Production And Consumption ◽  
Determining Factors ◽  
The World ◽  
Sugar Market ◽  
The Eu

The article reviews the developments on the sugar market in 2009. After the introduction, it starts with an overview of production and consumption in all world regions. Production shortfalls in major producing countries led to an increase of the world market price to a 28 year high. For the current season, a further deficit is expected. The next chapter informs about developments on the EU market, where the implementation phase of the 2006 reform ended and a new regulation for sugar imports from ACP countries entered into force. The last chapter discusses model based forecasts of the world sugar market over the coming decade and determining factors of the medium term development of production and consumption of sugar.

The Chadbourne Agreement (1931) and its impact on the Czechoslovak sugar industry

2018 ◽  
pp. 699-707
Author(s):  
Aleš Skrivan ◽  
Jakub Drábek
Keyword(s):  
Sugar Industry ◽  
World Market ◽  
Price Strategy ◽  
Sugar Production ◽  
Sugar Consumption ◽  
Wall Street ◽  
The Great Depression ◽  
Real Price ◽  
The World ◽  
New Form

At the beginning of the 1930s, Thomas Chadbourne, a lawyer from Wall Street, assumed the task of finding a new form of international cooperation on sugar production and trade. A new committee was established in Brussels and its activities led to a new international sugar agreement in 1931 signed by several major sugar producers (including Czechoslovakia). It became gradually evident that the Chadbourne Agreement certainly could not affect some of the major problems, which plagued world sugar production – especially the unfavorable trend in sugar consumption that stagnated or even declined in many world regions due to the Great Depression. The document did not involve a true cooperation in customs policy and did not represent a way to a direct abolition or at least reduction of customs tariffs. As for price strategy, the project ultimately failed too since the real price development greatly differed from the desired growth of prices. The Chadbourne Agreement had some negative or at least controversial consequences for the signatory countries and the planned benefits of the Chadbourn Agreement were effectively phased out by the behavior of non-signatory states, which gradually increased sugar production – in some respects only filling the gap that emerged on the world market.

Do Vietnamese upland farmers benefit from high world market prices for maize?

2015 ◽  
Vol 46 (S1) ◽  
pp. 1-11
Author(s):  
Jonas Luckmann ◽  
Rico Ihle ◽  
Ulrich Kleinwechter ◽  
Harald Grethe
Keyword(s):  
World Market ◽  
Market Prices ◽  
High World

Melting of Low-Level Radioactive Non-Ferrous Metal for Release

2007 ◽  
Author(s):  
Ulrich Quade ◽  
Thomas Kluth ◽  
Rainer Kreh
Keyword(s):  
Ferrous Metal ◽  
World Market ◽  
Market Prices ◽  
Low Level ◽  
Nuclear Decommissioning ◽  
Ferrous Metals ◽  
Non Ferrous Metals ◽  
Industrial Reuse ◽  
High Level ◽  
Treatment Procedures

Siempelkamp Nukleartechnik GmbH has gained lots of experience from melting ferrous metals for recycling in the nuclear cycle as well as for release to general reuse. Due to the fact that the world market prices for non-ferrous metals like copper, aluminium or lead raised up in the past and will remain on a high level, recycling of low-level contaminated or activated metallic residues from nuclear decommissioning becomes more important. Based on the established technology for melting of ferrous metals in a medium frequency induction furnace, different melt treatment procedures for each kind of non-ferrous metals were developed and successfully commercially converted. Beside different procedures also different melting techniques such as crucibles, gas burners, ladles etc. are used. Approximately 340 Mg of aluminium, a large part of it with a uranium contamination, have been molten successfully and have met the release criteria of the German Radiation Protection Ordinance. The experience in copper and brass melting is based on a total mass of 200 Mg. Lead melting in a special ladle by using a gas heater results in a total of 420 Mg which could be released. The main goal of melting of non-ferrous metals is release for industrial reuse after treatment. Especially for lead, a cooperation with a German lead manufacturer also for recycling of non releasable lead is being planned.

scholarly journals European Sugar Market – Impact of Quota System

2015 ◽  
Vol 63 (6) ◽  
pp. 1825-1838 ◽  
Author(s):  
Irena Benešová ◽  
Helena Řezbová ◽  
Luboš Smutka ◽  
Karel Tomšík ◽  
Adriana Laputková
Keyword(s):  
Current System ◽  
Multinational Companies ◽  
Sugar Production ◽  
Quota System ◽  
Sugar Market ◽  
Production Area ◽  
Basic Characteristics ◽  
Production Capacities ◽  
The Given ◽  
The Eu

The European agricultural market has been criticized for its heavy regulations and subsidization. The sugar market is one of the most regulated ones; however, this will change radically in 2017 when the current system of production quotas will end. The aim of this paper is to present the basic characteristics of the EU quota sugar market. The analysis identifies the main drivers of EU sugar market and their position within the EU sugar market. The paper identifies especially those drivers/companies/alliances which take control over the EU sugar production realized under the quota production system. The paper also highlights the level of EU sugar market concentration and also identifies those countries and companies which are the main leaders in the sugar production area realized under the quota system. Based on the results deriving from the paper, it is possible to characterize the EU sugar market as a heavily concentrated one – nearly 75% (10 mil. tonnes) of the quota is controlled by five multinational companies only; these companies are operating more than 50% of all the available sugar plants located in the EU. These multinational alliances are also in control of the production capacities of their subsidiaries. In most countries, this causes serious problems as the given quota is controlled by one or two producers only. The EU sugar market is extremely concentrated especially if we take into consideration the location of each alliance’s headquarters. The majority of production capacities are under (the) control of especially German and French companies. These two countries are also the main beneficiaries in relation to the EU sugar production quota system.

scholarly journals The preparation of Hungarian agricultural policy for the EU accession

2012 ◽  
Vol 49 (No. 2) ◽  
pp. 87-93
Author(s):  
J. Popp
Keyword(s):  
Agricultural Policy ◽  
Agricultural Sector ◽  
World Market ◽  
Agricultural Policies ◽  
Total Employment ◽  
Market Prices ◽  
Consumer Prices ◽  
The World ◽  
Producer Prices ◽  
The Eu

In the enlargement process, the agriculture and food sector merits particular attention because trade and policy issues between the candidate countries and the EU are more important in this sector than in any other. In 2001, Hungarian agriculture’s contribution to GDP was 4.5 percent and agriculture represented 6.2 percent of the total employment. The share of agricultural and food products in total exports was 7.5 percent. Agricultural policies in Hungary have developed in the context of a transition towards market economy and in anticipation of entry into the EU Common Agricultural Policy (CAP). Producer prices in Hungary are by up to 20 percent lower than EU domestic producer prices (with the exception of beef, maize and sugar-beet). Domestic consumer prices are, in average, closely aligned with the world market prices, and in 2001, consumers were paying the world market prices. Progress made so far by Hungary provides a good basis for implementing the acquis in the agricultural sector, however, strengthening of the administrative capacity with regard to the Common Market Organisation mechanisms and structures relating to the European Agricultural Guarantee and Guidance Fund is a priority. For Hungary, the issues of equality of treatment and no distinction between the old and new members of the EU are at least as important as the level of transfers it will receive. The revised draft common position of the European Commission does not seem particularly equitable and should be improved by the end of the accession negotiations.

scholarly journals Export - Import Performance of Natural Rubber in India

2019 ◽  
Vol 8 (4) ◽  
pp. 4974-4977
Keyword(s):  
Natural Rubber ◽  
Intervention Strategy ◽  
Secondary Data ◽  
International Market ◽  
World Market ◽  
Annual Reports ◽  
The European Union ◽  
Promotion Strategy ◽  
Market Prices ◽  
High Level

This paper assesses the performance of rubber exports during the period of 2010 -2011 till 2017 - 2018. Indian Rubber is an export promotion strategy promoted by the Board since 2011 with an objective of distinguishing Indian rubber in international market with its discerning quality features. The board is promoting export as a market intervention strategy to adjust imbalances in the domestic market owing to unscrupulous imports of rubber. Exports during this peak production period are at high level from December 2016 to March 2017. The exports of rubber from India jumped to 650 tonnes during April 2018 to October 2018. The price of natural rubber (NR) in India had been ruling high over international market prices since December 2013. The surge in international rubber price was due to the amplified demand for rubber from China. United States and the European Union together contribute nearly 70 % of India's overall rubber products' exports. Indian exporters, however, are looking to raise India's share in the world market to 5 per cent in the next couple of years from the existing 1.48 per cent compared to China's market share of 11 per cent. This paper examines the export and import performance of rubber from India. Researcher has collected the secondary data from various sources such as DGCIS, EXIM Bank annual reports, etc. This paper brings out the relationship between the export and import performance of rubber from India and the trade performance of Natural rubber, ratio, Pearson's Correlation Coefficient and One - Way ANOVA has been used for analyzing appropriate results.

THE EU SUGAR MARKET PROFILE AND ITS MAIN DRIVERS

2015 ◽  
Author(s):  
Lubos SMUTKA ◽  
Irena BENEŠOVÁ ◽  
Patrik ROVNÝ ◽  
Renata MATYSIK-PEJAS
Keyword(s):  
Market Failure ◽  
Current System ◽  
Quota System ◽  
Considerable Debate ◽  
Sugar Market ◽  
The Common ◽  
The One ◽  
Production Capacities ◽  
The Given ◽  
The Eu

Sugar is one of the most important elements in human nutrition. The Common Market Organisation for sugar has been a subject of considerable debate since its establishment in 1968. The European agricultural market has been criticized for its heavy regulations and subsidization. The sugar market is one of the most regulated ones; however, this will change radically in 2017 when the current system of production quotas will end. The current EU sugar market changed is structure during the last several decades. The significant number of companies left the market and EU internal sugar market became more concentrated. The aim of this paper is presentation characteristics of sugar market with respect to the supposed market failure – reduction in competition. The analysis also identifies the main drivers and determinants of the EU especially quota sugar market. In relation to paper’s aim the following results are important. The present conditions of the European sugar market have led to market failure when nearly 75 % (10 million tonnes) of the quota is controlled by five multinational companies only. These multinational alliances (especially German and French one) are also taking control over the production capacities of their subsidiaries. In most countries, this causes serious problems as the given quota is controlled by one or two producers only. This is a significant indicator of market imperfection. The quota system cannot overcome the problem of production quotas on the one hand and the demand on the other; furthermore, it also leads to economic inefficiency. The current EU sugar market is under the control of only Sudzucker, Nordzucker, Pfeifer and Langen, Tereos and ABF.

EUROPEAN UNION´S SUGAR MARKET CONCENTRATION UNDER THE SUGAR QUOTA PRODUCTION SYSTEM

2015 ◽  
Author(s):  
Ľuboš SMUTKA ◽  
Helena ŘEZBOVÁ ◽  
Patrik ROVNÝ
Keyword(s):  
United Kingdom ◽  
Quota System ◽  
Eu Member States ◽  
The United Kingdom ◽  
Sugar Market ◽  
Current Production ◽  
High Dynamic ◽  
Production Capacities ◽  
Very High ◽  
The Eu

The European sugar beet quota system is in very high dynamic process in recent years. The number of sugar companies involved in this system has been constantly decreasing. The aim of this paper is to define subjects (companies/alliances), which possess the current production capacities working under the production quotas system. The paper is determining especially the level of beet sugar production quota holder system concentration using the Herfindahl-Hirschman Index. The paper provides the following findings. The European quota holder system is extremely concentrated and it is becoming more and more dominated by fewer players. Sugar quota is distributed among 19 EU-Member States. In this regard, the quota is generous, especially in relation to France, Germany, Poland and United Kingdom. In Finland, Lithuania, Hungary, Sweden, Denmark, the Netherlands, Slovakia and the United Kingdom controlled by two or even one subject (companies, alliances). There is a large discrepancy between political efforts to distribute equitable R 1308/2013-sugar quotas among states and the actual reality of those distributions. While the EU-quota holder system does not indicate an extreme concentration, an analysis according to the headquarters´ location and allocated quotas to owners of production capacities provides the evidence of extreme concentration.

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