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Large increase in sales of SMP intervention stock
Published 19 October 18
Results of the most recent tender for intervention stocks show sales of 26,033 tonnes at a minimum price of €1,231/tonne. This is a large increase on the previous tender and brings the total sales out of intervention to just under 170,000.
The largest sales were from Belgium stocks, at 11,524 tonnes. Lithuania and the Netherlands were second and third highest at 4,700 and 4,500 respectively. Meanwhile, there were no sales from UK stocks, leaving them at just over 7,000 tonnes.
Total volumes available for the next tender will be increased to an estimated 151,126 tonnes, including all stocks entered into storage up to 1 August 2016.
