Brussels, 26/02/2008 (Agence Europe) - The European Commission has not ruled out a final reduction of sugar production quotas of 1.16 million tonnes in 2010, given the volumes already withdrawn from the market under the revised Sugar Restructuring Fund.
To date, 4.84 million tonnes of sugar have been withdrawn from the market within the restructuring scheme (which offers a premium to producers that agree to reduce quotas): 2.2 million in 2006 and 2007, 2.5 million tonnes during the first...