11 December 1998
Confidentiality blocks EC sugar plans
THE European Commissions plans to start collecting sugar prices direct from refiners has run up against the problem of commercial confidentiality.
The Commission wants to improve the quality and type of statistical data it collects from European Union members. This is so it can run an orderly market and watch for price fixing.
But sugar refiners do not report factory-gate prices. The only figures it currently receives are from the European Committee of Industrial Users of Sugar (CIUS), a pressure group for sugar-consuming food and drinks companies.
- Financial Times 11/12/98 page 30