CELEX: 31995R2191
Language: en
Date: 1995-09-15 00:00:00
Title: COMMISSION REGULATION (EC) No 2191/95 of 15 September 1995 setting the world market price for unginned cotton

16 . 9 . 95           EN                 Official Journal of the European Communities                            No L 220/9
                                      COMMISSION REGULATION (EC) No 2191 /95
                                                     of 15 September 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 representative 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
specified in Article 1 (2) of Commission Regulation (EEC)                                   Article 1
No 1201 /89 of 3 May 1989 laying down rules implemen­
ting the system of aid for cotton (3), as last amended by          The world market price for unginned cotton as indicated
Regulation (EC) No 2064/95 (4) ; whereas in cases where
                                                                   in Article 3 of Regulation (EC) No 1554/95 is set at ECU
the world market price cannot be thus determined it is to          39,032 per 100 kilograms.
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 16 September
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, 15 September 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.
0   OJ   No L 123, 4. 5. 1989, p. 23.
 4  OJ   No L 204, 30. 8 . 1995, p. 8 .