
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 20,486/100 kg.
Article 2 
This Regulation shall enter into force on 10 July 2004.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Brussels, 9 July 2004.
For the Commission
J. M. SILVA RODRÍGUEZ
Agriculture Director-General