USCR Update: 14th January, 2021

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.88943 creating a positive monetary gap against the current artificial USCR (£0.90273) of 1.473%, outside the +/- 1% threshold. Therefore, there will be a £-5.37 per tonne decrease to UK Sugar Prices from Monday 18 January, and the