Prices triggering the storage mechanism
Article 31
1. Before the beginning of each year, each fishery producer organisation may individually make a proposal for a price triggering the storage mechanism referred to in Article 30 for fishery products listed in Annex II. 2. The trigger price shall not exceed 80 % of the weighted average price recorded for the product in question in the area of activity of the producer organisation concerned during the three years immediately preceding the year for which the trigger price is fixed. 3. When determining the trigger price, account shall be taken of: (a) trends in production and demand; (b) the stabilisation of market prices; (c) the convergence of the markets; (d) the producers' incomes; (e) the interests of consumers. 4. Member States shall, upon examining the proposals of the producer organisations recognised in their territory, determine the trigger prices to be applied by those producer organisations. Those prices shall be fixed on the basis of the criteria referred to in paragraphs 2 and 3. The prices shall be made publicly available.