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Agrimonetary USCR Report

USCR Update: 14th February 2019

By Tereos

15th February 2019

STERLING STRENGTHENS AGAINST THE EURO – HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 18 February 2019

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.87553 creating a positive monetary gap against the current artificial USCR (£0.8826) of 0.801%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 18 February, and the USCR and reference

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