EUROPEAN COMMISSION TRIES AGAIN TO FORCE REDUCTION IN EU SUGAR PRODUCTION
October 1st, 2007
BY ALAN OSBORN
A NEAR-30% drop in Tate & Lyle's share price from 555p to 407p (note to subs: price is now back to around 444 but suggest you put in current price at time of publication) earlier this month (October) when the company issued a stark profits warning has focused attention on developments in the European Union (EU) sugar market. Whatever happened to the stability that the EU's new sugar regime, introduced in 2006, was supposed to bring about? Ironically, the Tate & Lyle warning came just days after the EU Council of Ministers (agriculture) ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.