USCR Update: 14th March 2019
14th March 2019
STERLING STRENGTHENS AGAINST THE EURO – HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 18 March 2019
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.85228 creating a positive monetary gap against the current artificial USCR (£0.85835) of 0.707%, within the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 18 March, and the USCR and reference
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