Russian Interfax News Agency reported on December 19 that the Russian Ministry of Economic Development confirmed that from February 1 to June 30, 2021, Russia will impose a tax rate of 30% on soybean exports and no less than 165 euros per ton. Tariffs. The decision originated from the proposal of the Russian Ministry of Agriculture. The main reason was to ensure that Russian domestic oil and fat processing enterprises have sufficient raw materials against the background of rising international soybean prices, and to prevent soybean processed products-edible soybean oil and soybean meal from rising prices.

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