USCR Update: 16th January 2020

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.8547 creating a negative monetary gap against the current artificial USCR (£0.8447) of -1.184%, outside the +/- 1% threshold. Therefore, there will be a £4.04 per tonne increase to UK Sugar Prices from Monday 20 January, and the