In January, the export duty on sunflower oil from Russia will remain zero

The duty on the export of sunflower oil from the Russian Federation in January, as in the previous three months, remains zero. The duty on sunflower meal will immediately increase by almost 23 times, to 1,826.9 rubles from 79.8 rubles per ton in December, the Ministry of Agriculture reports. In September, the duty on butter was 8,621.3 rubles per ton. Indicative prices, based on which the duties were calculated, were: for oil - $1,207.6 per ton ($1,178.1 per ton a month ago), for meal - $246.2 ($231.1). Since July, duties are calculated in rubles, and not in dollars, as before. The resolution providing for this and signed on June 30, 2022, also fixes the extension for a year, until August 31, 2023, of the duty on the export of sunflower oil and sunflower meal. According to the resolution, as part of the transfer of duties to rubles, the base price for calculating the export duty for sunflower oil is 82,500 rubles per ton (instead of $1,000, which were taken into ...