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Agrimonetary USCR Report (Archive), Currency Reports

USCR Update: 2nd December, 2021

By Tereos

2nd December 2021

STERLING WEAKENS AGAINST THE EURO – £3.89/t PRICE INCREASE TO UK SUGAR PRICES FROM 06 December 2021

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.85135 creating a negative monetary gap against the current artificial USCR (£0.84173) of -1.143%, outside the +/- 1% threshold. Therefore, there will be a £3.89 per tonne increase to UK Sugar Prices from Monday 06 December, and the

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