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Agrimonetary USCR Report (Archive), Currency Reports

USCR Update: 9th April 2020

By Tereos

9th April 2020

STERLING STRENGTHENS AGAINST THE EURO – £15.30/t PRICE DECREASE TO UK SUGAR PRICES FROM 13 April 2020

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.87565 creating a positive monetary gap against the current artificial USCR (£0.91348) of 4.141%, outside the +/- 1% threshold. Therefore, there will be £-15.30 per tonne decrease to UK Sugar Prices from Monday 13 April, and the USCR

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