Help Print this page 

Document 32003R2108

Title and reference
Commission Regulation (EC) No 2108/2003 of 28 November 2003 determining the world market price for unginned cotton

OJ L 316, 29.11.2003, p. 19–19 (ES, DA, DE, EL, EN, FR, IT, NL, PT, FI, SV)

ELI: http://data.europa.eu/eli/reg/2003/2108/oj
Languages, formats and link to OJ
BG ES CS DA DE ET EL EN FR GA HR IT LV LT HU MT NL PL PT RO SK SL FI SV
HTML html ES html DA html DE html EL html EN html FR html IT html NL html PT html FI html SV
PDF pdf ES pdf DA pdf DE pdf EL pdf EN pdf FR pdf IT pdf NL pdf PT pdf FI pdf SV
Official Journal Display Official Journal Display Official Journal Display Official Journal Display Official Journal Display Official Journal Display Official Journal Display Official Journal Display Official Journal Display Official Journal Display Official Journal Display Official Journal
Multilingual display
Dates
  • Date of document: 28/11/2003
  • Date of effect: 29/11/2003; začetek veljavnosti glej člen 2
Classifications
Miscellaneous information
  • Author: Evropska komisija
  • Form: Uredba
Text

32003R2108

Commission Regulation (EC) No 2108/2003 of 28 November 2003 determining the world market price for unginned cotton

Official Journal L 316 , 29/11/2003 P. 0019 - 0019


Commission Regulation (EC) No 2108/2003

of 28 November 2003

determining the world market price for unginned cotton

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Community,

Having regard to Protocol 4 on cotton, annexed to the Act of Accession of Greece, as last amended by Council Regulation (EC) No 1050/2001(1),

Having regard to Council Regulation (EC) No 1051/2001 of 22 May 2001 on production aid for cotton(2), and in particular Article 4 thereof,

Whereas:

(1) In accordance with Article 4 of Regulation (EC) No 1051/2001, a world market price for unginned cotton is to be determined periodically from the price for ginned cotton recorded on the world market and by reference to the historical relationship between the price recorded for ginned cotton and that calculated for unginned cotton. That historical relationship has been established in Article 2(2) of Commission Regulation (EC) No 1591/2001 of 2 August 2001(3), as amended by Regulation (EC) No 1486/2002(4). Where the world market price cannot be determined in this way, it is to be based on the most recent price determined.

(2) In accordance with Article 5 of Regulation (EC) No 1051/2001, the world market price for unginned cotton is to be determined in respect of a product of specific characteristics and by reference to the most favourable offers and quotations on the world market among those considered representative of the real market trend. To that end, an average is to be calculated of offers and quotations recorded on one or more European exchanges for a product delivered cif to a port in the Community and coming from the various supplier countries considered the most representative in terms of international trade. However, there is provision for adjusting the criteria for determining the world market price for ginned cotton to reflect differences justified by the quality of the product delivered and the offers and quotations concerned. Those adjustments are specified in Article 3(2) of Regulation (EC) No 1591/2001.

(3) The application of the above criteria gives the world market price for unginned cotton determined hereinafter,

HAS ADOPTED THIS REGULATION:

Article 1

The world price for unginned cotton as referred to in Article 4 of Regulation (EC) No 1051/2001 is hereby determined as equalling EUR 33,242/100 kg.

Article 2

This Regulation shall enter into force on 29 November 2003.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 28 November 2003.

For the Commission

J. M. Silva Rodríguez

Agriculture Director-General

(1) OJ L 148, 1.6.2001, p. 1.

(2) OJ L 148, 1.6.2001, p. 3.

(3) OJ L 210, 3.8.2001, p. 10.

(4) OJ L 223, 20.8.2002, p. 3.

Top