Agrimonetary USCR update 7th October 2010
STERLING WEAKENS AGAINST THE EURO - £9.77p/t INCREASE TO UK SUGAR PRICES FROM MONDAY 11th October
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.87465 creating a positive monetary gap against the current artificial "USCR" (£0.85050) of -2.840%, outside the +/- 1% threshold. Therefore, there will be a £9.77 per tonne increase to UK Sugar Prices from Monday 11th October, and the "USCR" and reference price will change to £0.87465 and £353.71 respectively.
The next reference point will be Monday 18th October.
Interim Agrimonetary Update 4th October 2010
Sterling weakens against the Euro – Potential price increase if GBP/EUR stays at same levels
At lunchtime today the ECB fixed the commercial market value of the €uro at £0.86560 creating a negative monetary gap against the current artificial "USCR" (£0.85050) of -1.775%, outside the +/-1% change threshold.
If this level is repeated at Thursday’s reference point (7th October) there will be a increase of £6.11 to our sugar prices in the UK from Monday 11th October.
Kind Regards,
Ryan Whitehead
Agrimonetary USCR update 23rd September 2010
STERLING WEAKENS AGAINST THE EURO - £12.09p/t INCREASE TO UK SUGAR PRICES FROM MONDAY 27th SEPTEMBER
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.85050 creating a positive monetary gap against the current artificial "USCR" (£0.82060) of -3.644%, well outside the +/- 1% threshold. Therefore, there will be a £12.09 per tonne increase to UK Sugar Prices from Monday 27th September, and the "USCR" and reference price will change to £0.85050 and £343.94 respectively.
The next reference point will be Thursday 7th October 2010.
Interim Agrimonetary Update 20th September 2010
Sterling weakens against the Euro – Potential price increase if GBP/EUR stays at same levels
At lunchtime today the ECB fixed the commercial market value of the €uro at £0.83830 creating a negative monetary gap against the current artificial "USCR" (£0.82060) of -2.157%, outside the +/-1% change threshold.
If this level is repeated at Thursday’s reference point (23rd September) there will be a increase of £7.16 to our sugar prices in the UK from Monday 27th September.
Agrimonetary USCR update 9th September 2010
STERLING WEAKENS AGAINST THE EURO - HOWEVER NO CHANGE TO UK SUGAR PRICES FROM MONDAY 13th SEPTEMBER
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.82580 creating a positive monetary gap against the current artificial "USCR" (£0.82060) of -0.634%, inside the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 13th September, and the "USCR" and reference price will stay the same at £0.82060 and £338.99 respectively.
The next reference point will be Thursday 23th September 2010.
Kind Regards,
Ryan Whitehead
Interim Agrimonetary Update 6th September 2010
Sterling weakens against the Euro – Potential price increase if GBP/EUR stays at same levels
At lunchtime today the ECB fixed the commercial market value of the €uro at £0.83825 creating a negative monetary gap against the current artificial "USCR" (£0.82060) of -2.151%, outside the +/-1% change threshold.
If this level is repeated at Thursday’s reference point (9th September) there will be a increase of £7.14 to our sugar prices in the UK from Monday 13th September.
Agrimonetary USCR update 26th August 2010
STERLING STRENGTHENS SLIGHTLY AGAINST THE EURO - HOWEVER NO PRICE CHANGE TO UK SUGAR PRICES FROM MONDAY 30TH AUGUST
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.81745 creating a positive monetary gap against the current artificial "USCR" (£0.82060) of 0.384%, inside the +/- 1% threshold. Therefore, there will be a no change to UK Sugar Prices from Monday 30th August, and the "USCR" and reference price will stay the same at £0.82060 and £331.85 respectively.
The next reference point will be Thursday 9th September 2010.
Interim Agrimonetary Update 23rd August 2010
Sterling strengthens slightly against the Euro – No price change if GBP/EUR stays at same levels
At lunchtime today the ECB fixed the commercial market value of the €uro at £0.81690 creating a positive monetary gap against the current artificial "USCR" (£0.82060) of 0.451%, inside the +/-1% change threshold.
If this level is repeated at Thursday’s reference point (26th August) there will be no change to our sugar prices in the UK from Monday 30th August.
Agrimonetary USCR update 12th August 2010
STERLING STRENGTHENS AGAINST THE EURO - £6.09 PRICE DECREASE TO UK SUGAR PRICES FROM MONDAY 16TH AUGUST
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.82060 creating a positive monetary gap against the current artificial "USCR" (£0.83565) of 1.801%, outside the +/- 1% threshold. Therefore, there will be a £6.09 decrease to UK Sugar Prices from Monday 16th August, and the "USCR" and reference price will change to £0.82060 and £331.85 respectively.
The next reference point will be Thursday 26th August 2010.
Interim Agrimonetary Update 9th August 2010
Sterling strengthens slightly against the Euro – No price change if GBP/EUR stays at same levels
At lunchtime today the ECB fixed the commercial market value of the €uro at £0.83040 creating a positive monetary gap against the current artificial "USCR" (£0.83565) of 0.628%, inside the +/-1% change threshold.
If this level is repeated at Thursday’s reference point (12th August) there will be no change to our sugar prices in the UK from Monday 16th August.
Agrimonetary USCR update 29th July 2010
STERLING WEAKENS AGAINST THE EURO - HOWEVER NO CHANGE TO UK SUGAR PRICES FROM MONDAY 2ND AUGUST
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.8367 creating a positive monetary gap against the current artificial "USCR" (£0.83565) of -0.126%, inside the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 2nd August, and the "USCR" and reference price will stay the same at £0.83565 and £337.94 respectively.
The next reference point will be Thursday 12th August 2010.
Interim Agrimonetary Update 26th July 2010
Sterling strengthens slightly against the Euro – No price change if GBP/EUR stays at same levels
At lunchtime today the ECB fixed the commercial market value of the €uro at £0.83425 creating a positive monetary gap against the current artificial "USCR" (£0.83565) of 0.168%, inside the +/-1% change threshold.
If this level is repeated at Thursday’s reference point (29th July) there will be no change to our sugar prices in the UK from Monday 2nd August.
Agrimonetary USCR update 15th July 2010
STERLING WEAKENS AGAINST THE EURO - £5.46/T INCREASE TO UK SUGAR PRICES FROM MONDAY 19TH JULY
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.8357 creating a negative monetary gap against the current artificial "USCR" (£0.8222) of 1.642%, outside the +/- 1% threshold. Therefore, there will be an increase to UK Sugar Prices of £5.46/t from Monday 19th July, and the "USCR" and reference price will change to £0.8357 and £337.94 respectively.
The next reference point will be Thursday 29th July 2010.
Agrimonetary USCR update 1st July 2010
STERLING STRENGTHENS AGAINST THE EURO - £5.48/T DECREASE TO UK SUGAR PRICES FROM MONDAY 5TH JULY
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.8222 creating a positive monetary gap against the current artificial "USCR" (£0.8357) of 1.621%, outside the +/- 1% threshold. Therefore, there will be a decrease to UK Sugar Prices of £5.48/t from Monday 7th July, and the "USCR" and reference price will change to £0.8222 and £332.48 respectively.
The next reference point will be Thursday 15th July 2010.
Interim Agrimonetary Update 28th June 2010
Sterling strengthens against the Euro – Potential price decrease at the next review
At lunchtime today the ECB fixed the commercial market value of the €uro at £0.8200 creating a positive monetary gap against the current artificial "USCR" (£0.8357) of 1.879%, outside the +/-1% change threshold.
If this level is repeated at Thursday’s reference point (1st July) there will be a £6.35 decrease to our sugar prices in the UK from Monday 5th July.
Agrimonetary USCR update 17th June 2010
STERLING STRENGTHENS AGAINST THE EURO BUT NO CHANGE TO UK SUGAR PRICES FROM MONDAY 21st June
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.8349 creating a POSITIVE monetary gap against the current artificial "USCR" (£0.8357) of 0.096%, inside the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 21st June, and the "USCR" and reference price will remain at £0.8357 and £337.96 respectively.
The next reference point will be Thursday 1st July 2010.
Interim Agrimonetary Update 14th June 2010
STERLING STRENGTHENS AGAINST THE EURO - BUT NO CHANGE IF GBP/EUR STAYS AT SAME LEVELS
At lunchtime today the ECB fixed the commercial market value of the €uro at £0.8308 creating a positive monetary gap against the current artificial "USCR" (£0.8357) of 0.586% inside the +/-1% threshold
If this level is repeated at Thursday's reference point (17th June) there will be no change to our sugar prices in the UK from Monday 21st June
Agrimonetary USCR update 3rd June 2010
STERLING STRENGTHENS AGAINST THE EURO - £11.60/T DECREASE TO UK SUGAR PRICES FROM MONDAY 7TH JUNE
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.8357 creating a positive monetary gap against the current artificial "USCR" (£0.8644) of 3.320%, outside the +/- 1% threshold. Therefore, there will be a decrease to UK Sugar Prices of £11.60/t from Monday 7th June, and the "USCR" and reference price will change to £0.8357 and £337.96 respectively.
The next reference point will be Thursday 17th June 2010.
Interim Agrimonetary Update 1st June 2010
Sterling strengthens against the Euro – Potential price decrease at the next review
At lunchtime today the ECB fixed the commercial market value of the €uro at £0.8347 creating a positive monetary gap against the current artificial "USCR" (£0.8644) of 3.436%, outside the +/-1% change threshold.
If this level is repeated at Thursday’s reference point (3rd June) there will be a £12.01 decrease to our sugar prices in the UK from Monday 7th June.
Agrimonetary USCR update 20th May 2010
STERLING WEAKENS AGAINST THE EURO - £8.67/T INCREASE TO UK SUGAR PRICES FROM MONDAY 24TH MAY
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.8644 creating a negative monetary gap against the current artificial "USCR" (£0.84295) of -2.539%, outside the +/- 1% threshold. Therefore, there will be an increase to UK Sugar Prices of £8.67/t from Monday 10th May, and the "USCR" and reference price will change to £0.8644 and £349.56 respectively.
The next reference point will be Thursday 3rd June 2010.
Agrimonetary USCR update 6th May 2010
STERLING STRENGTHENS AGAINST THE EURO - £12.96/T DECREASE TO UK SUGAR PRICES FROM MONDAY 10TH MAY
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.84295 creating a POSITIVE monetary gap against the current artificial "USCR" (£0.8750) of 3.663%, outside the +/- 1% threshold. Therefore, there will be a decrease to UK Sugar Prices of £12.96/t from Monday 10th May, and the "USCR" and reference price will change to £0.84295 and £340.89 respectively.
The next reference point will be Thursday 20th May 2010.
Interim Agrimonetary Update 4th May 2010
Sterling strengthens against the Euro – Potential price decrease at the next review
At lunchtime today the ECB fixed the commercial market value of the €uro at £0.86325 creating a positive monetary gap against the current artificial "USCR" (£0.8750) of 1.343%, outside the +/-1% change threshold.
If this level is repeated at Thursday’s reference point (6th May) there will be a £4.75 decrease to our sugar prices in the UK from Monday 10th May.
Agrimonetary USCR update 22nd April 2010
STERLING STRENGTHENS AGAINST THE EURO BUT NO CHANGE TO UK SUGAR PRICES FROM MONDAY 26th APRIL
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.86675 creating a POSITIVE monetary gap against the current artificial "USCR" (£0.8750) of 0.943%, just inside the +/- 1% threshold. Therefore, there will be no change to UK Sugar Prices from Monday 26th April, and the "USCR" and reference price will remain at £0.8750 and £353.85 respectively.
The next reference point will be Thursday 6th May 2010.
Agrimonetary USCR update 8th April 2010
STERLING STRENGTHENS AGAINST THE EURO - £7.85/T DECREASE TO UK SUGAR PRICES FROM MONDAY 12TH APRIL
A short time ago the European Central Bank fixed the commercial market value of the €uro at £0.87500 creating a POSITIVE monetary gap against the current artificial "USCR" (£0.8944) of 2.169%, outside the +/- 1% threshold. Therefore, there will be a decrease to UK Sugar Prices of £7.85/t from Monday 29th March, and the "USCR" and reference price will change to £0.87500 and £353.85 respectively.
The next reference point will be Thursday 22nd April 2010.
Interim Agrimonetary Update 6th April 2010
Sterling strengthens against the Euro - Price decrease on the cards...
If this level (0.8824) is repeated at Thursday’s reference point (8th April) there will be A DECREASE OF £4.86/T to our sugar prices in the UK from Monday 12th April.
Agrimonetary USCR update 25th March 2010
STERLING STRENGTHENS AGAINST THE EURO - £5.74/T DECREASE TO UK SUGAR PRICES FROM MONDAY 29TH MARCH...
Agrimonetary USCR update 11th March 2010
STERLING WEAKENS AGAINST THE EURO - £12.58/T INCREASE TO UK SUGAR PRICES FROM MONDAY 15TH MARCH...
Interim Agrimonetary Update 8th March 2010
STERLING WEAKENS AGAINST THE EURO - PRICE INCREASE ON THE CARDS...
Agrimonetary USCR update 25th February 2010
STERLING WEAKENS SLIGHTLY AGAINST THE EURO BUT NO CHANGE TO UK SUGAR PRICES FROM MONDAY 1ST MARCH...
Agrimonetary USCR update 11th February 2010
STERLING WEAKENS AGAINST THE EURO - £6.43/T INCREASE TO UK SUGAR PRICES FROM MONDAY 15TH FEBRUARY...
Interim Agrimonetary USCR update 8th February 2010
STERLING WEAKENS AGAINST THE EURO - PRICE INCREASE ON THE CARDS...
Agrimonetary USCR update 28th January 2010
STERLING STRENGTHENS AGAINST THE EURO - £11.47/T REDUCTION TO UK SUGAR PRICES FROM MONDAY 1ST FEBRUARY...
Interim Agrimonetary USCR Update 25th January 2010
STERLING STRENGTHENS AGAINST THE EURO - PRICE DECREASE ON THE CARDS...
Agrimonetary USCR update 14th January 2010
STERLING WEAKENS A LITTLE AGAINST THE EURO BUT NO CHANGE TO UK SUGAR PRICES FROM MONDAY 18TH JANUARY...
Interim Agrimonetary USCR update 11th January 2010
STERLING WEAKENS AGAINST THE EURO - PRICE INCREASE ON THE CARDS...
Agrimonetary USCR update 17th December 2009
STERLING STRENGTHENS AGAINST THE EURO - £7.76/T DECREASE TO UK SUGAR PRICES FROM MONDAY 21ST DECEMBER...
Interim Agrimonetary USCR Update 14th December 2009
POUND STRENGHTENS AGAINST THE EURO - BUT NO CHANGE IF LEVELS STAY THE SAME...
Agrimonetary USCR update 3rd December 2009
STERLING WEAKENS AGAINST THE EURO - £5.60 PER TONNE INCREASE TO UK SUGAR PRICES FROM MONDAY 6TH DECEMBER...
Interim Agrimonetary Update 30th November 2009
STERLING WEAKENS AGAINST THE EURO - PRICE INCREASE ON THE CARDS...
Agrimonetary USCR update 19th November 2009
STERLING STRENGTHENS A LITTLE AGAINST THE EURO BUT THERE WILL BE NO CHANGE TO UK SUGAR PRICES FROM MONDAY 23RD NOVEMBER...
Interim Agrimonetary Update 16th November 2009
STERLING STRENGHTENS SLIGHTLY AGAINST THE EURO BUT NO PRICE CHANGE ON THE CARDS...
Agrimonetary USCR update 5th November
STERLING STRENGTHENS AGAINST THE EURO – UK SUGAR PRICES TO DECREASE BY £4.04/T FROM MONDAY 9TH NOVEMBER...
Interim Agrimonetary Update 2nd November 2009
STERLING STRENGHTENS SLIGHTLY AGAINST THE EURO BUT NO PRICE CHANGE ON THE CARDS...
Agrimonetary USCR update 22nd October 2009
STERLING STRENGTHENS AGAINST THE EURO – UK SUGAR PRICES TO DECREASE BY £5.95/T FROM MONDAY 26TH OCTOBER...
Interim Agrimonetary Update 19th October 2009
STERLING STRENGTHENS SLIGHTLY AGAINST THE EURO BUT NO PRICE CHANGE ON THE CARDS...
Agrimonetary USCR update 8th October 2009
STERLING WEAKENS AGAINST THE EURO - UK SUGAR PRICES TO INCREASE BY £3.78/T FROM MONDAY 12TH OCTOBER...
Interim Agrimonetary USCR update 5th October 2009
STERLING WEAKENS SLIGHTLY AGAINST THE EURO BUT NO PRICE CHANGE ON THE CARDS...
Agrimonetary USCR update 29th September 2009
REFERENCE PRICE TO DECREASE FROM €561.50/T TO €404.40/T FROM THURSDAY 1ST OCTOBER...
Agrimonetary USCR update 24th September 2009
STERLING WEAKENS AGAINST THE EURO – UK SUGAR PRICES TO INCREASE BY £16.99/T FROM MONDAY 28TH SEPTEMBER...
Interim Agrimonetary Update 21st September 2009
STERLING WEAKENS AGAINST THE EURO - PRICE INCREASE ON THE CARDS...
Agrimonetary USCR update 10th September 2009
STERLING STRENGTHENS A LITTLE AGAINST THE EURO – BUT NO CHANGE TO UK SUGAR PRICES FROM MONDAY 14TH SEPTEMBER...