Sunflower seed exports in Russia will be under control from July 1
Decision of the Collegium of the Eurasian Economic Commission No. 78 of June 16, 2020, which stipulates that sunflower seed exports from the customs territory of the Eurasian Economic Union shall be subject to a permit-based regime, came into force on July 1, UkrAgroConsult reports.
The period of validity is until August 31, 2020.
The primary goals are to provide food security in view of the coronavirus pandemic and avoid a raw material shortage in the domestic market.
A ban on sunflower seed exports outside the EEU member countries was in force before July 1, 2020.
The Fat-and-Oil Union of Russia estimated oilseed processing capacities in 2019 at 23.4 MMT (80% utilized), and their further growth is expected: to 24.9 MMT in 2020 and to 25.5 MMT in 2021.
More detailed information on the latest trends in oilseeds/vegoils exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Vegoils" in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!!
Start using analytical data and increase your efficiency now!
Register to get your demo access. http://agrisupp.com/en/register/1
Read also
Couldn’t attend BLACK SEA GRAIN.KYIV? Catch up with the insights – get the e...
Sergey Feofilov, UkrAgroConsult, will speak at the 5th CeMI Commodities Exchange M...
New system of subsidies for biodiesel production in the US has brought down soybea...
Ukraine reaches pre-war export level
Soybean prices fall under pressure from increased supplies from South America and ...
Write to us
Our manager will contact you soon