TITLE IVTRADE WITH THIRD COUNTRIES

CHAPTER IIImport duties and entry price system

Section 1Entry price system

Article 138Standard import values

1.

For each product and for the periods set out in Part A of Annex XV, the Commission shall fix, each working day and for each origin, a standard import value equal to the weighted average of the representative prices referred to in Article 136, less a standard amount of EUR 5/100 kg and the ad valorem customs duties.

2.

Where a standard import value is established for the products and for the periods of application listed in Part A of Annex XV, in accordance with this Section, the unit price as referred to in Article 152(1)(a) of Commission Regulation (EEC) No 2454/9338 shall not apply. It shall be replaced by the standard import value referred to in paragraph 1.

3.

Where no standard import value is in force for a product of a given origin, the average of standard import values in force for that product shall apply.

4.

During the periods of application set out in Part A of Annex XV, the standard import values shall remain applicable until they are changed. They shall cease to apply, however, where no average representative price has been communicated to the Commission for seven consecutive market days.

Where, pursuant to the first subparagraph, no standard import value applies to a given product, the standard import value applicable to that product shall be equal to the last average standard import value.

5.

By way of derogation from paragraph 1, where it has not been possible to calculate a standard import value, no standard import value shall be applicable from the first day of the periods of application set out in Part A of Annex XV.

6.

The representative prices in euro shall be converted using the representative market rate calculated for the day in question.

7.

The standard import values expressed in euro shall be made publicly available by the Commission by the methods it considers appropriate.