DUTCH SUGAR TRADE DENY INVOLVEMENT IN OFFER
Dutch sugar traders deny involvement
in a plan to offer more than 850,000 tonnes of sugar to
intervention in protest at EC export policy and prices, traders
told Reuters.
    Although some 2,500 tonnes of sugar have been offered to
intervention in the Netherlands, Dutch producers and traders
said this sugar was actually Belgian and was being offered by
the Belgian industry.
    "We sympathise with the actions of the French, West German
and Belgian traders and producers, but we are not party to it,"
a spokesman said.
    EC Commission sources said yesterday French traders planned
to sell 775,000 tonnes into intervention stocks, West German
traders 75,000 tonnes and Dutch traders 2,500. Dutch trade
sources gave the same figure for France, but estimated up to
110,000 tonnes offered by German traders and producers.
    The Dutch spokesman added, "The weekly export tender policy
and prices are squeezing the European sugar industry, and this
is the only way in which they can really register their
protest.
    "These are desperate actions, but we believe that most of
this offered sugar will be withdrawn within the three-week
breathing space allowed."
 REUTER
