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Came into force on duty on grain exports
Since February, the grain shipped abroad, subject to a fee equal to 15% of the customs value.
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Duty on wheat exports from Russia begins with the resurrection. The amount of the fee is 15% of the customs value of the lot plus €7.5, but not less than €35 for 1 ton.

The government announced this measure in December 2014, to reduce the attractiveness of the sale of Russian grain to foreign markets and stabilize prices of flour and bread in the country.

So, a ton of grain on the Chicago stock exchange in December was $265 per ton, while the domestic price was at the level of 11 thousand rubles. Thus, exports were 50% more attractive than domestic sales.

Behind the reduction in the supply of grain in Russia in November-December 2014 rose prices for flour and bread. This growth must stop by April 2015, said in January in an interview with TASS Deputy Prime Minister Arkady Dvorkovich. He also said that with the onset of the duties of the additional administrative barriers to slow exports are no longer needed, so the government plans to remove them.

However, exporters in anticipation of commencement of duties has increased the export of wheat from Russia by 30% (up to 495 thousand tons) in the first two weeks of 2015, compared with the same period in 2014.



Translated by the service "Yandex.Translation"
Источники: ИТАР-ТАСС
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