CELEX: 31995R2227
Language: en
Date: 1995-09-20 00:00:00
Title: COMMISSION REGULATION (EC) No 2227/95 of 20 September 1995 setting the world market price for unginned cotton

No L 224/30          EN               Official Journal of the European Communities                               21 . 9 . 95
                                  COMMISSION REGULATION (EC) No 2227/95
                                                  of 20 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 1 553/95 (»),                                           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 implemen­
                                                                The world market price for unginned cotton as indicated
ting the system of aid for cotton (3), as last amended by       in Article 3 of Regulation (EC) No 1 554/95 is set at ECU
Regulation (EC) No 2064/95 (4) ; whereas in cases where         38,893 per 100 kilograms.
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 21 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, 20 September 1995.
                                                                          For the Commission
                                                                            Franz FISCHLER
                                                                      Member of the Commission
(') OJ No L 148, 30. 6. 1995, p. 45.
V) OJ No L 148, 30. 6. 1995, p. 48.
h) OJ No L 123, 4. 5. 1989, p. 23.
H OJ No L 204, 30. 8. 1995, p. 8 .