ADVERTISEMENT

Hungary, Poland ask for scrapping duties on Chinese apple concentrate

Analysis

Hungary’s Agriculture Minister József Gráf said he would work with his counterpart in Poland to press for the elimination of EU preferential duties on apple concentrate from China.

Gráf was speaking before signing an agreement that will give Hungary's apple growers a Ft 70,000-per-hectare subsidy to compensate them for their extra costs arising from last year's frost. Also under the agreement, Agrana, which controls 60% of Hungary's juice apple market, said it would pay suppliers at least €0.09 per kilogram for their apples. Austria's Rauch, the other major apple processing company active in Hungary, will decide later this week whether or not to accept the compromise farm-gate price.

Apple growers in northeastern Hungary have staged a series of demonstrations over the past few weeks to demand higher prices for their produce. (MTI – Econews)

ADVERTISEMENT

2,548 new COVID cases registered in Hungary Figures

2,548 new COVID cases registered in Hungary

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Capital sees urban exodus during pandemic City

Capital sees urban exodus during pandemic

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.