§ 73. Mr. Milneasked the Minister of Agriculture, Fisheries and Food if he is aware of the further rise in sugar prices on 4th July and the recent price fluctuations; and what further action he is taking to protect the consumer from such fluctuations.
§ Mr. Scott-HopkinsThe ex-refinery price of granulated sugar on 3rd July was 44s. 7½d. per cwt., the lowest price since the end of war-time controls. On 4th July it was 45s. 9d. These low prices in recent weeks have compensated consumers for the high prices in May. As a result of the reduction in distribution payments on 5th July we are now back to a more normal level, similar to that from October last to March this year.