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Rapeseed Oil News - Russia to lower Sunflower oil export duty from 1 September
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Russia to lower Sunflower oil export duty from 1 September

Ministry of Agriculture of Russia has announced to lower the export duty on sunflower oil from 15,987 RUR/t in August to 8,621 RUR/t, from September 1, 2022. This will lower the FOB value of Sun oil from Russia Origin. Domestic prices are anticipated to trade down in tandem with lowering international sun oil prices.