Agrimonetary USCR update 29th September 2009
29th September 2009
The USCR is the “Unofficial Sugar Conversion Rate” between UK Pounds and Euros. The USCR has the potential to change every 14 days depending on the value of Sterling against the Euro and if at 1.30pm every second Thursday that value is more than 1% different (+ or -) compared to the previous fortnight.
<p style="margin: 0cm 0cm 0pt" class="MsoNormal">REFERENCE PRICE TO DECREASE FROM €561.50/T TO €404.40/T FROM THURSDAY 1ST OCTOBER <br /> <br /> </p><p><br />In accordance with the Reform of the EU Sugar Regime, the Euro reference price for sugar will decrease from €561.50/t to €404.40/t as of Thursday 1st <br
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