Russia. Officially on state regulation of oilseeds and sunflower oil exports

From July 1, 2021 to August 31, 2022 inclusive, sunflower seed exports shall be subject to a duty at a rate of 50% and no less than USD 320/MT, UkrAgroConsult reports.
The rapeseed duty of 30% is extended until August 31, 2022.
A floating tariff will be imposed on sunflower oil exports from September 1, 2021 to August 31, 2022. Its rate will equal 70% of the difference between the basic price (USD 1,000/MT) and the indicative price (the mean market price over the month), reduced by an adjusting factor (USD 50/MT).
The tariffs shall be applied to the respective products exported from Russia outside the EAEU.
More detailed information on the latest trends in grain 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 Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 14-day free trial (till the end of April)!!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
The Counterparty Is Trying to Avoid Fulfilling the Contract. What Should You Do?
Russia’s lurking grain industry crisis
China extends Canadian canola probe until March 2026
US agricultural sales to increase by $8 bln following agreement with Japan
China’s soybean stocks hit record high amid trade war with US
Write to us
Our manager will contact you soon