§ 71. Mr. Hurdasked the President of the Board of Trade what commitments he has entered into for the export of newsprint to Australia and other countries in the coming year; and how the export price compares with the cost of imported newsprint.
§ Mr. BottomleyHis Majesty's Government has not entered into any specific commitments for the export of newsprint in 1951. The general practice of United Kingdom newsprint mills, who fix the export prices themselves, is to quote f.o.b. for export at the current controlled price for home sales, plus the cost of export90W packing. Freight charges would be additional and would naturally vary according to the destination. Comparison with the cost of imported newsprint is difficult since purchases by importers are made c.i.f. and the prices paid in different supplying countries are understood to vary considerably.