Russia determined the export duty rate on sunflower oil
UkrAgroConsult
According to Russia’s Ag Ministry, the sunseed export duty from September 1 will be USD 169.9/MT (calculated based on an indicative price of USD 1242.8/MT).
A damper mechanism for sunflower oil exports will be effective in Russia from September 1, 2021 to August 31, 2022. A floating export duty of 70% is imposed on the commodity for this period of time, UkrAgroConsult reports.
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