Council Regulation (EEC) No 2260/88 of 19 July 1988 fixing the maximum guaranteed quantity of cotton and the minimum price for unginned cotton for the 1988/89 marketing year

COUNCIL REGULATION (EEC) No 2260/88 of 19 July 1988 fixing the maximum guaranteed quantity of cotton and the minimum price for unginned cotton for the 1988/89 marketing year
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to the Act of Accession of Greece, and in particular Protocol 4 on cotton, as last amended by Regulation (EEC) No 4006/87 (1),
Having regard to Council Regulation (EEC) No 1964/87 of 2 July 1987 adjusting the system of aid for cotton introduced by Protocol 4 annexed to the Act of Accession of Greece (2), and in particular Article 2 (1) thereof,
Having regard to Council Regulation (EEC) No 2169/81 of 27 July 1981 laying down the general rules for the system of aid for cotton (3), as last amended by Regulation (EEC) No 2276/87 (4), and in particular Article 9 (1) thereof,
Having regard to the proposal from the Commission (5),
Whereas, pursuant to Article 2 (1) of Regulation (EEC) No 1964/87, a maximum guaranteed quantity of cotton is to be determined annually in the light of production during a reference period and the foreseeable trend of demand;
Whereas, pursuant to Article 9 (2) of Regulation (EEC) No 2169/81, the Council is to fix a minimum price for unginned cotton each year at a level enabling producers to sell at a price as close as possible to the guide price; whereas that price must take  account of market fluctuations and the cost of transporting the unginned cotton from the production areas to the ginning areas; whereas that price must be fixed for the quality to which the guide price relates and must apply at the farm gate;
Whereas application of the abovementioned criteria results in the fixing of the maximum guaranteed quantity and the minimum price at the levels given below,