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The Russian Ministry of Agriculture has raised the wheat export tariff by 32% and the corn tariff by 9%.

The Russian Ministry of Agriculture has raised the wheat export tariff by 32% and the corn tariff by 9%.

On December 9, foreign media reported that the Russian Ministry of Agriculture announced an increase in export tariffs for wheat by 32% (in rubles) for the upcoming week, barley tariffs by 26%, and corn export tariffs by 9%.

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Russia to supply 542,000 tons of sunflower oil to China in the first 10 months of 2024

Russia to supply 542,000 tons of sunflower oil to China in the first 10 months of 2024

Russia supplied 542,000 tons of sunflower oil to China in the first 10 months of 2024, the Russian Center for Development of Agricultural Exports said.

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Russia proposes to develop Tunguska Coal Basin, the world's largest coal field in terms of resource reserves

Russia proposes to develop Tunguska Coal Basin, the world's largest coal field in terms of resource reserves

According to a recent news release in the Russian media, the coal transportation railroad from Tunguska to Khabarovsk Krai is included in the list of accelerated construction projects.

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Russian coal exports down 8.7% year on year in first 10 months of 2024

Russian coal exports down 8.7% year on year in first 10 months of 2024

According to the information of CCA Analysis on November 30, 2024, the total volume of Russian coal exports fell to 164.6 million tons in January-October, 15.6 million tons less than in the same period of the previous year, down 8.7% year-on-year.

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State Administration of Grain: domestic palm oil prices are expected to follow the high level of oscillation

State Administration of Grain: domestic palm oil prices are expected to follow the high level of oscillation

National Grain and Oil Information Center, December 5 news: China's palm oil prices are mainly affected by the cost of international palm oil imports and domestic palm oil and alternative oil supply and demand situation.

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2024

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State Administration of Grain: the follow-up is expected to run weak soybean meal prices

State Administration of Grain: the follow-up is expected to run weak soybean meal prices

National Grain and Oil Information Center December 6 news: Soybean meal prices fell this week mainly due to two reasons, one is the new season of Brazilian soybean production is expected to be strong, and the cost of imports than the U.S.

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2024

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Russia's Energy Ministry: export tariffs on coking coal to be abolished in Russia from December 1

Russia's Energy Ministry: export tariffs on coking coal to be abolished in Russia from December 1

The Russian government will cancel export tariffs on coking coal from December 1, 2024, Russian Energy Minister Sergey Tsivilyov revealed, TASS reported. Russia is currently suspending export tariffs on power coal, while tariffs on coking coal continue to be enforced.

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Priority for rail transportation of oil products and coal in Russia to decline

Priority for rail transportation of oil products and coal in Russia to decline

Non-discriminatory access rules for Russia's railroad infrastructure will come into force on January 1, 2025, Deputy Transport Minister Alexey Shilo told reporters, TASS news agency said. As a result, the priority for the transportation of oil products and coal by rail will be reduced from the third to the sixth level.

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