Russian Ministry of Agriculture raises export duties on sunflower oil in August

MOSCOW, July 25 (Reuters) – Russia’s Agriculture Ministry said on Monday that the export duty on sunflower oil for August was set at 15,987.1 rubles ($278) per ton, up from 8,615.9 rubles per ton in July. The reference price of sunflower oil used to calculate export duties was $1,873.3 per ton, up from $1,800.2 per ton in July.

Russia changed the base price used to calculate export duties to rubles in July, from the previous $1,000 per ton to 82,500 rubles per ton.

Source: BoE Guru

Post time: Jul-29-2022