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Agrimonetary USCR Report

USCR Update: 30th July 2020

By Tereos

30th July 2020

STERLING STRENGTHENS AGAINST THE EURO – HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 03 August 2020

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.90268 creating a positive monetary gap against the current artificial USCR (£0.90875) of 0.668%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 03 August, and the USCR and reference

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