United Kingdom - Exchange rates and relative prices

At the end of August the average EU reference price was 11 per cent lower than a year earlier in Euro terms but just four per cent lower in sterling terms. In recent months the UK premium over the average EU price has increased, averaging between 20 and 30p/kg for much of 2009.
Monday 5 October 2009 (8 years 7 months 21 days ago)
At the end of August the average EU reference price was 11 per cent lower than a year earlier in Euro terms but just four per cent lower in sterling terms. In recent months the UK premium over the average EU price has increased, averaging between 20 and 30p/kg for much of 2009.

An important driver of the increased premium is clearly the weaker exchange rate and its impact on exchange rates. However there are many other factors which can influence the premium, such as supply trends in individual countries, demand trends, exports to non-EU countries.

http://www.bpex.org.uk/articles/299171/The_Impact_of_Exchange_Rates.aspx

Swine news

Article Comments

This area is not intended to be a place to consult authors about their articles, but rather a place for open discussion among pig333.com users.

Access restricted to 333 users. In order to post a comment you must be logged in.

Not a registered user of 333?sign upand access swine prices, the search engine, ...
It is fast and free
Are you registered in 333?LOGINIf you've forgotten your password we'll send it to you here

tags

Swine News

Swine industry news in your email

You are not subscribed to this list

25-May-201818-May-201811-May-201804-May-2018

Log in and sign up on the list

Not a registered user of 333?sign upand access swine prices, the search engine, ...
It is fast and free
Are you registered in 333?LOGINIf you've forgotten your password we'll send it to you here