Since July 1, the export duty rate for the export of sunflower oil from Russia is $525 per Tonne rose to $560,1 per ton in June. This is reported on the website of the Ministry of Agriculture of the Russian Federation.
As explained, this adjustment is due to an increase in the indicative price for the product from $1750 to $1800,2 per tonne.
At the same time, the export fee for the Russian sunflower meal, which went into effect on May 1st of this year, was lowered in July and is $89,4 per tonne in June versus $105 per tonne.