Russia's sunflower oil export tax to decline in September
MOSCOW, Aug 25 (Reuters) - Russia has set its export tax for sunflower oil at 8,621.3 roubles ($143.4) per tonne for September, down from 15,987.1 roubles in August, the agriculture ministry said on Thursday.
The September tax is based on an indicative price of $1,583.0 a tonne, the ministry said.
Russia changed the formula it uses for calculating the sunflower oil export tax in July to support shipments against a backdrop of a strong rouble.
($1 = 60.1330 roubles) (Reporting by Polina Devitt; Editing by Edmund Blair)
© Copyright Thomson Reuters 2022. Click For Restrictions - http://about.reuters.com/fulllegal.asp