Russia to reduce soybean export tariff
The Russian government has passed a resolution cutting the soybean export duty rate from July 1 to 20% of the customs value, but no lower than USD 100/MT, UkrAgroConsult reports.
It will be effective from July 1, 2021 till August 31, 2022.
From February 1, 2021 till June 30, 2021, the tariff for soybean exports outside the EEU equals 30% of the customs value, but no lower than EUR 165/MT.
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