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Agrimonetary USCR Report

USCR Update: 5th November 2020

By Tereos

5th November 2020

STERLING WEAKENS AGAINST THE EURO – HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 09 November 2020

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.9045 creating a negative monetary gap against the current artificial USCR (£0.90273) of -0.196%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 09 November, and the USCR and reference

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