No L 197/18 Official Journal of the European Communities 30.7.94 COUNCIL REGULATION (EC) No 1877/94 of 27 July 1994 fixing the minimum price of unginned cotton for the 1994/95 marketing year THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Community Having regard to the Act of Accession of Greece, and in particular Protocol 4 on cotton, as last amended by Regulation (EEC) No 1553/93 (1), 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 (2), and in particular Article 9 (1) thereof, Having regard to the proposal from the Commission (3), 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 minimum price at the level given below, HAS ADOPTED THIS REGULATION: Article 1 For the 1994/95 marketing year, the minimum price for unginned cotton provided for in Article 9 (1) of Regulation (EEC) No 2169/81 shall be ECU 96,39 per 100 kg. That price shall apply to goods at the farm gate. Article 2 The price set in Article 1 shall be for unginned cotton meeting the quality indicated in Article 1 (2) of Regulation (EC) No of 1876/94 of 27 July 1994 fixing the guide price for unginned cotton for the 1994/95 marketing year (1). Article 3 This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities. It shall apply from 1 September 1994. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 27 July 1994. (1) O] No L 154, 25. 6. 1994, p. 21. (3) O] No L 211, 31. 7. 1981, p. 2. Regulation as last amended by Regulation (EC) No 1554/93 (O] No L 154, 25. 6. 1993, p.- 23). (3) O] No C 83, 19. 3. 1994, p. 23. For the Council The President Th. WAIGEL (1) See page 17 of this Official Journal.