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Agrimonetary USCR Report

USCR Update: 10th September 2020

By Tereos

10th September 2020

STERLING WEAKENS AGAINST THE EURO – £8.43/t PRICE INCREASE TO UK SUGAR PRICES FROM 14 September 2020

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.9159 creating a negative monetary gap against the current artificial USCR (£0.89505) of -2.329%, outside the +/- 1% threshold. Therefore, there will be a £8.43 per tonne increase to UK Sugar Prices from Monday 14 September, and the

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