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Agrimonetary USCR Report

USCR Update: 23rd April 2020

By Tereos

23rd April 2020

STERLING STRENGTHENS AGAINST THE EURO – HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 27 April 2020

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.872 creating a positive monetary gap against the current artificial USCR (£0.87565) of 0.417%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 27 April, and the USCR and reference

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