23.5.90 Official Journal of the European Communities No L 132/3 COUNCIL REGULATION (EEC) No 1313/90 of 14 May 1990 fixing, for the 1990/91 marketing year, the derived intervention prices for white sugar, the intervention price for raw sugar, the minimum prices for A and B beet, the threshold prices, the amount of compensation for storage costs and the prices to be applied in Spain and Portugal THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Tréaty establishing the European Economic Community, Having regard to the Act of Accession of Spain and Portugal, and in particular Article 89 (2) and- Article 234 (2) - thereof, Having regard to Council Regulation (EEC) No 1785/81 of ~ 30 June 1981 on-thé common organization of the markets in the sugar sector (1), as last amended by Regulation (EEC) No 1069/89 (2), and in particular Article 3 (5), Article 5 (5), Article 8 (4) and Article 14 (5) thereof, Having regard to the proposal from the Commission (3), Having regard to the opinion of the European Parliament (*), Whereas Council Regulation (EEC) No 1312/90 of 14 May 1990 fixing, for the 1990/91 marketing year, certain sugar prices and- the standard quality of beet (%),  fixed the intervention price for white sugar at-ECU 53,10 per 100- kilograms applicable for the non-deficit areas; Whereas Article 3 (1) of Regulation (EEC) No 1785/81 provides that derived intervention prices for white sugar are to be fixed for each of the deficit areas; wheréas, for such fixing, it is appropriate that account be taken of the regional- variations which, given a normal harvest and free movement of sugar, might be expected to occur in the price of sugar under ‘ natural ' conditions of price formation on the market; Whereas a deficit supply -situation is to be foreseen in-the areas of production in Italy, Ireland and the United " Kingdom,; - Whereas -Article 3 (5) of Regulation (EEC) No 1785/81 provides that an intervention price for raw sugar shall be fixed; whereas such price should be established on the basis of the-intervention price for white sugar;’ Whereas Regulation (EEC) No 1312/90 fixed the basic price for-beet at ECU 40,07 per tonne; whereas Article 5 (2) of - Regulation (EEC) No 1785/81 provides that the minimum (1) OJNo L 177,1. 7. 1981, p. 4. (3) O] No L 114, 27. 4. 1989, p. 1. (3) O] No C 49, 28. 2. 1990, p. 19. (*) OJ No C 96, 17. 4. 1990. (5) See page 1 of this Journal. price to be fixed for A beet shall be 98 % of the basic price of the beet and the minimum price to be fixed for B beet shall in principle be 68 % of the said basic price, without prejudice to Article 28 (5) of that Regulation; Whereas Article 14 (2) of Regulation (EEC) No 1785/81 provides_that the threshold price for white sugar shall be equal to the target price, plus costs, calculated at a flat rate, of transport from the Community area having the largest - surplus to the most distant deficit consumption area in the Community, plus a-flat-rate amount which takes into account the foreseeable storage levy; whereas, given the state of supplies within the Community, account should be taken of transport charges between the departments of northern France and Palermo; Whereas the threshold price for raw sugar is to be derived from the threshold price for white sugar by reference to a processing margin and a standard yield; Whereas:the threshold price for molasses should be fixed in such a way that the receipts from sales of molasses may reach the level of receipts of undertakings taken into account in the fixing of basic prices for beet; Whereas Article 5 of Regulation (EEC) No 1358/77 () provides that the amount of repayment in the context of the compensation for storage costs shall be fixed per month and per unit of weight, taking account of financing costs, subject to interest -of 10%, insurance costs and specific storage costs; Whereas, when the prices to be applied in Spain and Portugal are fixed, the prices fixed for those Member States for the 1986/87 marketing year should be aligned with the common prices in accordance with Articles 70 and 238 of the Act of Accession, HAS ADOPTED THIS REGULATION: Article 1 For the deficit areas of the Community, with the exception of Portugal, the derived intervention price for white sugar shall be fixed, per 100 kilograms, at: (a) ECU 54,31 for all the areas in the United Kingdom; () OJ No L 156, 25. 6. 1977, p. 4.