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Agrimonetary USCR Report

USCR Update: 13th February 2020

By Tereos

14th February 2020

STERLING STRENGTHENS AGAINST THE EURO – HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 17 February 2020

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.83375 creating a positive monetary gap against the current artificial USCR (£0.84183) of 0.960%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 17 February, and the USCR and reference

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