手机浏览
The export duty on sunflower oil will be halved in April.
Release time:
2025-03-31 00:00
Source:
The duty on the export of sunflower oil from Russia, which will be effective in April 2025, is set at 4,568.7 rubles per ton. This is two times lower than in March — 9333.2 rubles per ton.
The duty on the export of sunflower meal, set for April, has been reduced by 1.9 times, to 939.5 rubles per ton, from the level of 1742.3 rubles per ton, set for March. Announced new bids The Ministry of Agriculture of Russia.
The indicative price for butter was $1065.7 against $1065.1 a month earlier, for meal — $206.1 against $204.1 in March. The base prices have not changed and amount to 82,500 rubles per ton of oil and 15,875 rubles per ton of meal.
A floating export duty of 70% on sunflower oil is charged on the difference between the base and the indicative price (the arithmetic average of market prices for the month). The duty rate on sunflower meal is equal to the difference between the indicative and base price multiplied by the correction factor (0.7).
Market analysts note that the reduction in duties is aimed at stimulating exports of sunflower oil and meal by easing the financial burden on exporters of products. Reducing the amount of duties can have a positive impact on the competitiveness of Russian products on the international market and contribute to an increase in export volumes.
Related News
The Russian railway company encountered a serious coal short-loading problem
Russia's TASS news agency reported on April 14, citing news revealed by executives of the Russian Railway Company (RZD), that the company is working hard to deal with the problem of short-loading of coal, which has affected the company's operations and finances.
According to Kpler ship tracking data, in March 2025, Russia's maritime coal exports were 11.9523 million tons, an increase of 5.62% sequentially and a decrease of 4.21% year-on-year.Although it has rebounded sequentially, it is still at a low level.
In the Lipetsk region, farmers have increased the area under oilseeds
In the Lipetsk region, farmers have started sowing oilseeds, reports Ministry of Agriculture of the region. In total, more than 1 million hectares have been allocated for spring sowing in 2025. Spring rapeseed and sunflower are located on 3 thousand hectares out of 427 thousand allocated for oilseeds this year. Last year, the area under oilseeds was 418 thousand hectares.
Novorossiysk grain terminal will be able to handle oil-filling cargoes by the end of 2025
Novorossiysk Grain Terminal (NRT, part of Demeter Holding) will build sites for the storage of non-hazardous bulk cargoes, their acceptance from railway transport and shipment to the sea. The transshipment capacity will be 400,000 tons per year, the company said in a press release.
Coal exports from Russia decreased sharply in March
In March, coal exports from major Russian ports decreased significantly, especially in the north-west of the country. According to the Institute of Energy and Finance, shipments from Ust-Luga fell by 30% year—on-year, to 2.4 million tons, and from Nakhodka and Vostochny - by 21%, to 3.7 million tons. In Murmansk, supplies remained at the level of 1.2 million tons.
Russia to increase share in global sunflower oil trade to 42% — Agroexport
By the end of 2024, Russia's share in the global sunflower oil trade was 38%, and by the end of this year it is likely to grow to 42%. Such estimates are contained in the materials of the federal center "Agroexport", presented during the 5th Fat and Oil Conference.