Trade and markets
 

Detail

Area
Russia
Commodity Group
Grains
Commodity
Wheat
Date
01/12/2014
Policy Category
Trade
Policy Instrument
Export tariff
Description
Announced a combined tax on wheat exports from 1 February to 30 June 2015. The tax adds EUR 7.50 per tonne to a 15 percent tax on the customs price, subject to a minimum tax level of EUR 35 (USD 40.4) per tonne. Limitations in transport and delays in the certification of export grains had applied before this announcement.
Notes
Intervention tenders in December and January procured over 40 000 tonnes of wheat.