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Agrimonetary USCR Report (Archive), Currency Reports

USCR Update: 24th October 2019

By Tereos

24th October 2019

STERLING STRENGTHENS AGAINST THE EURO – £15.64/t PRICE DECREASE TO UK SUGAR PRICES FROM MONDAY 28 OCTOBER 2019

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.86288 creating a positive monetary gap against the current artificial USCR (£0.90155) of 4.289%, outside the +/- 1% threshold. Therefore, there will be a £15.64 per tonne decrease to UK Sugar Prices from Monday 28 October and the

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