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Agrimonetary USCR Report

USCR Update: 30th January 2020

By Tereos

30th January 2020

STERLING STRENGTHENS AGAINST THE EURO – £5.20/t PRICE DECREASE TO UK SUGAR PRICES FROM 03 February 2020

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.84183 creating a positive monetary gap against the current artificial USCR (£0.8547) of 1.506%, outside the +/- 1% threshold. Therefore, there will be a £-5.20 per tonne decrease to UK Sugar Prices from Monday 03 February, and the

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