USCR Update: 7th July 2019

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.8973 creating a negative monetary gap against the current artificial USCR (£0.89155) of 0.645%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 08 July and the USCR and reference