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| titulo | Appendix 703.2.A.13: Determination and Adjustment of Net Production Surplus |
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| nombre_clave | Apendice 703.2.A.13 |
| contenido | Appendix 703.2.A.13: Determination and Adjustment of Net Production Surplus 1. For purposes of Section A(14)(c), where the Parties project a net production surplus for a Party for the next marketing year, the projected surplus shall be:
ANPS = (PPy - CPy) + CF
Where:
ANPS = adjusted net production surplus
PP = projected domestic production of sugar
CP = projected total consumption of sugar
CF = correction factor
y = next marketing year,
And
CF = (PAys - CAys) - (PPys - CPys)
Where:
PA = actual domestic production of sugar
CA = actual total consumption of sugar
ys = most recent previous marketing year for which the Parties projected a net production surplus for that Party. 2. For purposes only of paragraph 1, neither the projected net production surplus (PPys -CPys) nor the actual net production surplus (PAys - CAys) in the most recent marketing year for which the Parties projected a net production surplus for that Party may be considered to:
72pt; "> 3. In appropriate circumstances, a Party shall consider adjustments to projections of its net production surplus when: Fc greater than (B + 10 %) Where F is the percentage change in stocks from the beginning to the end of a marketing year z, expressed as a positive percentage C is current marketing year F is calculated in accordance with the following formula: F = ((Sb-Se)/Sb)) x 100 Where Sb: beginning stocks in marketing year z Se: ending stocks in marketing year z B: the average annual percentage change in stocks over the previous 5 marketing years, calculated in accordance with the following formula: B = (N=1) / 5 {5/FN} N: previous marketing years, ranging from 1 (first preceding year) to 5 (fifth preceding year). 4. For purposes of determining net production surplus or projected net production surplus:
5. Each Party shall permit representatives from the other Party to observe and comment on its statistics on production, consumption, trade and stocks and on the methodology it uses to prepare such statistics. 6. Statistics on production, consumption, trade and stocks shall be provided by:
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