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Russian Government Approves Sliding Tariff of Sunflower Seed Oil and Adjusts Sunflower Seed Export Tariff

Pubtime:2021-06-16Author:Source: Hits:

The Russian Government has adjusted sunflower seed export tariff and approved sliding tariff of sunflower seed oil. The adjustment coefficient is USD50 per ton. The Premier Mikhail Mishustin has approved relevant decisions.

From July 1, 2021 to Aug.31, 2022 (including those two days), 50% export tariff will be collected for sunflower seeds, and price per ton shall be no lower than USD320. In addition, 30% tariff of rapeseed will be extended to Aug.31, 2022. The 70% sliding tariff will be applied for sunflower seeds oil from Sept.1, 2021 to Aug.31, 2022.