Supplying information to the global sugar and ethanol industries for a quarter of a century.

REPORT

Agrimonetary USCR Report (Archive), Currency Reports

USCR Update: 25th May 2018

25th May 2018

The USCR is the “Unofficial Sugar Conversion Rate” between UK Pounds and Euros. The USCR has the potential to change every 14 days depending on the value of Sterling against the Euro and if at 1.30pm every second Thursday that value is more than 1% different (+ or -) compared to the previous fortnight.

Leading analysis of global currencies to see how currency fluctuations might affect your bottom line.

A short time ago the European Central Bank fixed the commercial market value of the Euro at £0.87475 creating a positive monetary gap against the current artificial USCR (£0.8781) of 0.382%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 28 May, and the USCR and reference

You need to be signed in with our Sugar Starter plan or above to view this content.

Subscribe or Update >

Already a subscriber? Log in >

Share this article on Twitter