Export duty on Russian sunflower oil remains zero for more than a year

In June 2024, the export duty on sunflower oil in Russia will remain at zero for the thirteenth consecutive month, while the export duty on sunflower meal will decrease by 35% – from 2390 RUB/t in May to 1544 RUB/t, the Ministry of Agriculture of the Russian Federation reported.

As noted in the Ministry, the duty rate for sunflower oil in June is set at the indicative price of $773.8 per ton (in May – $766.7 per ton).

The duty on exports of sunflower meal is calculated at an indicative price of $199.5 per ton (in May – $205.9 per ton).

Leave a comment

Your email address will not be published. Required fields are marked *