USCR Update: 11th February, 2021

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.87755 creating a positive monetary gap against the current artificial USCR (£0.88943) of 1.336%, outside the +/- 1% threshold. Therefore, there will be a £-4.81 per tonne decrease to UK Sugar Prices from Monday 15 February, and the