Markets and trade
 

Detail

Area
Russia
Commodity Group
Grains
Commodity
Wheat
Date
01/10/2015
Policy Category
Trade
Policy Instrument
Export tariff
Description
Reduced export tax to encourage sales in view of ample domestic supplies after good production results in 2015. The new tax is calculated as half of the contracted price, minus RUB 6 500 (USD 103) per tonne (previously it was RUB 5 500 (USD 87)), with a minimum threshold of RUB 10 per tonne.