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Agrimonetary USCR Report

USCR Update: 22nd November 2019

By Tereos

22nd November 2019

STERLING STRENGTHENS AGAINST THE EURO – HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 25 November 2019

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.85548 creating a positive monetary gap against the current artificial USCR (£0.86288) of 0.858%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 25 November and the USCR and reference

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