At an EU level, tight market conditions have been reflected in the last round of tenders for intervention stocks. Applications for almost 50,000 tonnes of SMP (2009) stocks were made with just over 16,000 tonnes sold for between 2,400 and 2,500 Euros per tonne which was 150 Euros per tonne more than the price accepted in the last round of tenders two weeks ago.
For information on the latest intervention activities click here.
For information on commodity prices click here