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USCR Agrimonetary Update 1st April 2004
NO Sugar Price Change from Monday 5th April

The ECB today fixed the commercial market value of the €uro at £0.6666, creating a positive monetary gap against the current artificial "USCR" (£0.6708) of 0.646%. Consequently there will be no change in the USCR and therefore no resulting change to our sugar prices for at least the next 2 weeks.

The next reference day will be on Thursday 15th April 2004.

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