USCR Update: 4th November, 2021

A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.8535 creating a negative monetary gap against the current artificial USCR (£0.8429) of -1.258%, outside the +/- 1% threshold. Therefore, there will be a £4.29 per tonne increase to UK Sugar Prices from Monday 08 November, and the