USCR Update: 1st August 2019

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.9115 creating a negative monetary gap against the current artificial USCR (£0.89155) of 2.238%, outside the +/- 1% threshold. Therefore, there will be a £8.07 per tonne increase to UK Sugar Prices from Monday 05 August and the