USCR Update: 10th September 2020

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.9159 creating a negative monetary gap against the current artificial USCR (£0.89505) of -2.329%, outside the +/- 1% threshold. Therefore, there will be a £8.43 per tonne increase to UK Sugar Prices from Monday 14 September, and the