USCR Update: 17th June, 2021

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.85525 creating a positive monetary gap against the current artificial USCR (£0.86408) of 1.022%, outside the +/- 1% threshold. Therefore, there will be a £-3.57 per tonne decrease to UK Sugar Prices from Monday 21 June, and the