Russia may introduce 10% export duty on linseed in October

게시됨 2025년 9월 29일

Tridge 요약

In the next two to three weeks, the Russian government may approve a 10% export duty on linseed, as announced by Mikhail Maltsev, Executive Director of the Russian Oil and Fat Union, during the “Agroinvestor: PRO Crop Production” conference. According to Maltsev, this measure aims to support domestic processing enterprises, as linseed remains the only

원본 콘텐츠

crop without adequate protection to encourage in-country processing. Previously, the industry proposed a 30% duty rate, similar to that for rapeseed, given the economic competition between these crops in processing. However, the Ministry of Agriculture and the government opted for a lower rate due to limited linseed processing capacities. In spring, the Oil and Fat Union submitted a proposal to the Ministry of Agriculture to introduce duties to reduce raw material exports and redirect them to the domestic market. Maltsev noted that a significant portion of the linseed harvest still cannot be fully processed, making the 10% rate a compromise. Forecasts suggest that in the 2025/26 agricultural year, Russia’s linseed production will reach 1.3–1.4 million tons, with the new duty enabling processors to handle at least 600,000 tons. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became ...

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