750 700 650
BEFORE Import Duty Suspension
AFTER Import Duty Suspension
600 550 500 450
2000
TRQ
400 350 300 250 200
2004
150
2008
Price alignment - competitiveness restored Jul 06 Oct 06 Jan 07 Apr 07 Jul 07 Oct 07 Jan 08 Apr 08 Jul 08 Oct 08 Jan 09 Apr 09 Jul 09 Oct 09 Jan 10 Apr 10 Jul 10 Oct 10 Jan 11 Apr 11 Jul 11 Oct 11 Jan 12 Apr 12 Jul 12 Oct 12 Jan 13 Apr 13 Jul 13 Oct 13 Jan 14 Apr 14 Jul 14 Oct 14
100
EU white sugar
2013
0
100
200
300 400 '000 tonnes
500
600
700
EU industrial sugar (purchase)
London N°5 (”white” world market price)