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Russia will not extend sunflower seed export ban at end of August

By:
Reuters
Updated: Aug 18, 2022, 11:52 UTC

MOSCOW (Reuters) - Russia will not extend its ban on exports of sunflower seeds at the end of August, the agriculture ministry said on Thursday.

Russia will not extend sunflower seed export ban at end of August

MOSCOW (Reuters) – Russia will not extend its ban on exports of sunflower seeds at the end of August, the agriculture ministry said on Thursday.

Russia banned exports of sunflower seeds from April 1 to Aug. 31 to protect domestic supply for sunflower oil producers.

Ukraine and Russia are the world’s largest sunflower oil producers, with India among major customers.

The ministry will keep its 50% export tax for sunflower seeds until the end of August, 2023, it added.

(Reporting by Reuters; Editing by Edmund Blair)

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