1 Jun 2022 16:12

Russia's export duty on sunflower oil rises to $525/tonne on June 1, oilseed to $105/tonne - Agriculture Ministry

MOSCOW. June 1 (Interfax) - The Russian government has increased the export duty on sunflower oil to $525 per tonne as of June 1 from $372.20 per tonne in May, the Agriculture Ministry said in a statement.

The export duty on sunflower oil was $313 per tonne in April, $260.10 per tonne in March, $251.40 per tonne in February, and $280.80 per tonne in January 2022; and $276.70 per tonne in December 2021, $194.50 per tonne in November, $227.20 per tonne in October, and $169.90 per tonne in September.

The new duty has been calculated based on an indicative price of $1,750 per tonne in June against $1,531.80 per tonne in May, $1,447 per tonne in April, $1,371 per tonne in March, $1,359.20 per tonne in February, and $1,401.20 per tonne in January 2022; and $1,395.40 per tonne in December 2021, $1,277.90 per tonne in November, $1,324.70 per tonne in October, and $1,242.80 per tonne in September.