CELEX: 31995R2768
Language: en
Date: 1995-11-30 00:00:00
Title: COMMISSION REGULATION (EC) No 2768/95 of 30 November 1995 setting the world market price for unginned cotton

1 . 12. 95            EN                  Official Journal of the European Communities                           No L 288/25
                                         COMMISSION REGULATION (EC) No 2768/95
                                                       of 30 November 1995
                                    setting the world market price for unginned cotton
 THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         and by using the most favourable offers and quotations of
                                                                     those considered represen tative of the real market trend ;
 Having regard to the Treaty establishing the European               whereas for this purpose an average is to be established of
 Community,
                                                                     the offers and quotations on one or more European
 Having regard to the Act of Accession of Greece, and in             exchanges for deliveries cif to north European ports of
 particular paragraphs 3 and 10 of Protocol 4 on cotton              cotton from the various supplier countries considered
 annexed thereto, as last amended by Council Regulation              most representative as regards international trade ;
 (EC) No 1553/95 0 ),                                                whereas these rules for determination of the world market
                                                                     price for ginned cotton provide for adjustment to reflect
 Having regard to Council Regulation (EC) No 1554/95 of              differences in product quality and the nature of offers and
 29 June 1995 laying down general rules for the system of            quotations ; whereas these adjustments are specified in
 aid for cotton and repealing Regulation (EEC) No                    Article 2 of Regulation (EEC) No 1201 /89 ;
 2169/81 (2), and in particular Articles 3 and 4 thereof,
                                                                     Whereas application of the above rules gives the world
Whereas Article 3 of Regulation (EC) No 1554/95                      market price for unginned cotton specified hereunder,
 requires a world market price for unginned cotton to be
determined periodically from the world market price
recorded for ginned cotton, using the historical relation­           HAS ADOPTED THIS REGULATION :
 ship between the ginned cotton and that calculated for
unginned cotton ; whereas this historical relationship was
                                                                                              Article 1
specified in Article 1 (2) of Commission Regulation (EEC)
 No 1201 /89 of 3 May 1989 laying down rules imple­
                                                                     The world market price for unginned cotton as indicated
 menting the system of aid for cotton (% as last amended             in Article 3 of Regulation (EC) No 1554/95 is set at ECU
by Regulation (EC) No 2064/95 (4) ; whereas in cases                 36,038 per 100 kilograms.
where the world market price cannot be thus determined
it is to be based on the last price determined ;
                                                                                              Article 2
Whereas pursuant to Article 4 of Regulation (EC) No
 1554/95 the world market price for ginned cotton is                 This Regulation shall enter into force on 1 December
determined for a product meeting certain characteristics             1995 .
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                   Done at Brussels, 30 November 1995.
                                                                              For the Commission
                                                                                 Franz FISCHLER
                                                                          Member of the Commission
(') OJ  No  L 148,  30. 6. 1995, p. 45.
(2  OJ  No  L 148,  30. 6. 1995, p. 48.
(3)  OJ No  L 123,  4. 5. 1989, p. 23.
(4)  OJ No  L 204,  30. 8 . 1995, p. 8 .