ANNOUNCEMENT 10 Jan 2022

In January 2022, the Russian Ministry of Agriculture decreased the export duty on sunflower oil.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Interfax (10.01.2022). "Пошлина на экспорт подсолнечного масла из РФ с 1 февраля снизится до $251,4 за тонну". Retrieved on 10.03.2022: https://www.interfax.ru/business/814525
Agroinvestor (10.03.2022). "С февраля вывозная пошлина на подсолнечное масло снизится". Retrieved on 10.03.2022: https://www.agroinvestor.ru/markets/news/37334-s-fevralya-vyvoznaya-poshlina-na-podsolnechnoe-maslo-snizitsya/

Inception date: 01 Feb 2022 | Removal date: 28 Feb 2022

Export tax

On 10 January 2022, the Ministry of Agriculture of the Russian Federation decreased the export duty on sunflower oil. According to the Ministry, the export duty will decrease from USD 280.8 per ton to USD 251.4 per ton.

The duty is determined based on sunflower oil's indicative price of USD 1359.2 per ton. The export duty will be in force from 1 February 2022 to 28 February 2022, and it will apply to all exports outside the Eurasian Economic Union.

This measure is taken in accordance with Resolution N546, see related state act.

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