date:Nov 27, 2013
ne refiners will remain hamstrung by punitive import duties on the majority of the sugar we can buy.
Gerald Mason, Vice President of EU Affairs and Strategy, said the 98 per tonne CXL duty makes the cane refining sector uncompetitive.
This could lead to an ultimately unsustainable situation for cane refiners and an even more concentrated European sugar market, he said.
The CXL import duty artificially inflates all European sugar prices, Mason said.
Removal of the CXL duty will not only creat