
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 20,051 EUR/100 kg.
Article 2 
This Regulation shall enter into force on 21 July 2004.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Brussels, 20 July 2004.
For the Commission
J. M. SILVA RODRÍGUEZ
Agriculture Director-General