EUR-Lex - 31967R0156 - EN

ARTICLE 1

1 . WHEN FIXING THE C . I . F . PRICES MENTIONED IN ARTICLE 13 ( 2 ) AND ( 3 ) OF REGULATION NO 120/67/EEC FOR PRODUCTS LISTED IN ARTICLE 1 ( A ) , ( B ) AND ( C ) OF THAT REGULATION , THE COMMISSION SHALL TAKE INTO ACCOUNT ALL OFFERS MADE ON THE WORLD MARKET OF WHICH IT HAS KNOWLEDGE THROUGH MEMBER STATES OR BY ITS OWN MEANS AND THE QUOTATIONS OF THE MAIN INTERNATIONAL COMMERCIAL EXCHANGES . THE COMMISSION SHALL FIX THE C . I . F . PRICES ON THE BASIS OF THE MOST FAVOURABLE PURCHASING OPPORTUNITIES OF WHICH IT HAS KNOWLEDGE , WITH THE EXCEPTION OF FORWARD OFFERS AND QUOTATIONS UNLESS THE LATTER RELATE TO SHIPMENT DURING THE MONTH OF FIXING ; IT SHALL MAKE THE NECESSARY CORRECTIONS IN THE CASE OF OFFERS NOT BASED ON ROTTERDAM , TAKING INTO ACCOUNT THE DIFFERENCES IN FREIGHT CHARGES BETWEEN THE PORT OF LOADING AND THE PORT OF DESTINATION , AND BETWEEN THE PORT OF LOADING AND ROTTERDAM .

IF THERE ARE NO OFFERS FOR SHIPMENT DURING THE MONTH OF FIXING , OR IF THESE OFFERS ARE EXCLUDED BY THE PROVISIONS OF PARAGRAPH 2 , FORWARD OFFERS FOR SHIPMENT DURING THE FOLLOWING MONTH SHALL BE TAKEN INTO CONSIDERATION . IF THESE OFFERS ALSO ARE LACKING OR ARE EXCLUDED PURSUANT TO PARAGRAPH 2 , THE C . I . F . PRICE SHALL BE MAINTAINED UNALTERED .

PRICES FIXED FOR PRODUCTS LISTED IN ARTICLE 1 ( C ) OF REGULATION NO 120/67/EEC SHALL BE UNDERSTOOD AS GROSS FOR NET .

2 . WHEN DETERMINING C . I . F . PRICES THE COMMISSION MAY EXCLUDE CERTAIN OFFERS :

• IF THE CEREALS ARE NOT OF FAIR AVERAGE QUALITY ;

• IF IT IS ONLY POSSIBLE TO OBTAIN A VERY SMALL QUANTITY UNREPRESENTATIVE OF THE MARKET AT THE PRICE STATED IN THE OFFER ;

• IF THE TREND OF PRICES IN GENERAL OR IF THE INFORMATION AVAILABLE LEADS THE COMMISSION TO BELIEVE THAT THE OFFER PRICE IN QUESTION DOES NOT REFLECT THE TRUE TREND OF THE MARKET ;

• IF THE OFFERS ALLOW THE SELLER OPTIONS ON QUALITY OR COUNTRY OF ORIGIN .

3 . IN ADDITION TO THE CASES MENTIONED IN THE SECOND SUBPARAGRAPH OF PARAGRAPH 1 , THE COMMISSION MAY EXCEPTIONALLY MAINTAIN A C . I . F . PRICE UNALTERED FOR A LIMITED PERIOD IF THE OFFER PRICE FOR A GIVEN QUALITY , HAVING PROVIDED A BASIS FOR THE PREVIOUS FIXING OF THE C . I . F . PRICE , NO LONGER APPLIES , SO FAR AS THE COMMISSION IS AWARE , WHEN THE PRICE NEXT COMES TO BE FIXED AND IF THE OFFER PRICES STILL AVAILABLE ARE SUCH AS TO CAUSE SUDDEN AND CONSIDERABLE VARIATIONS IN THE C . I . F . PRICE WHICH IN THE OPINION OF THE COMMISSION ARE NOT SUFFICIENTLY REPRESENTATIVE OF THE ACTUAL TREND OF THE MARKET .

ARTICLE 2

IN ORDER TO CALCULATE THE C . I . F . PRICE CORRESPONDING TO THE MOST FAVOURABLE PURCHASING OPPORTUNITIES , THE COMMISSION SHALL MAKE THE ADJUSTMENTS REQUIRED TO OFFSET DIFFERENCES IN QUALITY IN RELATION TO THE STANDARD QUALITY FOR WHICH THE THRESHOLD PRICE HAS BEEN FIXED , BY APPLYING THE COEFFICIENTS OF EQUIVALENCE PROVIDED FOR IN ARTICLE 12 ( 2 ) OF REGULATION NO 120/67/EEC .

ARTICLE 3

IN THE ABSENCE OF INFORMATION ABOUT REPRESENTATIVE OFFER PRICES OR REPRESENTATIVE EXCHANGE QUOTATIONS FOR FLOUR OF WHEAT , SPELT , MESLIN AND RYE OR FOR GROATS AND MEAL OF DURUM WHEAT , THE COMMISSION MAY FIX C . I . F . PRICES FOR THESE PRODUCTS TAKING INTO ACCOUNT :

• THE QUANTITY OF THE BASIC CEREAL REQUIRED TO MANUFACTURE ONE TON OF FLOUR OR ONE TON OF GROATS AND MEAL OF DURUM WHEAT ;

• THE C . I . F . PRICE FIXED FOR THE BASIC CEREAL ;

• PROCESSING COSTS ;

• AN AVERAGE VALUE FOR THE INTERMEDIATE PRODUCTS AND BY-PRODUCTS OBTAINED DURING PROCESSING .

ARTICLE 4

IN THE ABSENCE OF INFORMATION ABOUT REPRESENTATIVE OFFER PRICES OR REPRESENTATIVE EXCHANGE QUOTATIONS FOR GROATS AND MEAL OF COMMON WHEAT , THE COMMISSION MAY FIX THE C . I . F . PRICE FOR THESE PRODUCTS BY INCREASING BY 8 % THE C . I . F . PRICE FOR WHEAT FLOUR .

ARTICLE 5

THE COMMISSION SHALL FIX THE LEVIES APPLICABLE TO THE PRODUCTS LISTED IN ARTICLE 1 ( A ) , ( B ) AND ( C ) OF REGULATION NO 120/67/EEC IN UNITS OF ACCOUNT PER METRIC TON .

ARTICLE 6

THE AMOUNT OF THE LEVY ON ONE TON OF THE PRODUCTS LISTED IN ARTICLE 1 ( A ) , ( B ) AND ( C ) OF REGULATION NO 120/67/EEC SHALL BE ALTERED ONLY WHEN VARIATIONS IN THE COMPONENTS BY WHICH IT IS CALCULATED WOULD HAVE THE EFFECT IN INCREASING OR REDUCING IT BY MORE THAN 0.60 UNITS OF ACCOUNT PER METRIC TON .

ARTICLE 7

THIS REGULATION SHALL ENTER INTO FORCE ON 1 JULY 1967 .

THIS REGULATION SHALL BE BINDING IN ITS ENTIRETY AND DIRECTLY APPLICABLE IN ALL MEMBER STATES .

DONE AT BRUSSELS , 23 JUNE 1967 .

FOR THE COMMISSION

THE PRESIDENT

WALTER HALLSTEIN