In May, the export duty on sunflower oil from Russia was reduced by 20% and on meal it was increased by 1.4 times

In May, the duty on the export of sunflower oil from the Russian Federation will amount to 1,122.2 rubles per ton against 1,398.9 rubles in April, the Ministry of Agriculture reports. The decrease is 19.8%. The duty has been reduced for the second month in a row. The duty on the export of meal, on the contrary, was increased to 6 thousand 577.7 rubles per ton from 4 thousand 777.6 rubles in April. Growth, as well as a month earlier, was 1.4 times. The fee will increase from December 2022. The indicative prices based on which the duties were calculated were: for oil - $1,030.7 per ton ($1,100.1 a month ago), for meal - $285.2 ($269.5). From July 2022, duties are calculated in rubles. According to the government decree of June 30, 2022, 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 account earlier), for meal - 13,875 rubles (instead of $185 ) ...