Now, however, Russian government officials saw a need to prolong the ban for another 2 months, in respect of the sunflower to wait for the new harvest. The Russian government has called the numerous reasons to extend the ban. The main of them is the need to keep the domestic market price of sunflower, as these prices are drawn for export and for the domestic market unaffordable for many consumers.

The second reason is the high level of export in commodity terms. During the first three months of this year, the country exported as many sunflower as for the whole 2019, which was a record export of this crop in recent years. This is due to the high demand on the world market and the depreciation of the ruble.

Until the new crop production of sunflower oil may be underutilized due to lack of available raw materials, which may result in the closure of some plants, causing undesirable negative social consequences such as temporary closure of jobs. What the decision of the Eurasian economic Commission is not yet known. But it is clear that the abuse of restrictive measures does not help to improve the trading reputation of the subjects and entails a loss of some markets.

The price of sunflower in the country broke a five year record. So, last week price high was 27.5 thousand rubles per ton. Last time a similar price this culture was in the summer of 2016. Only a week sunflower in the district has risen by 6.3 thousand rubles per ton. While in Siberia per ton offered to 21.2 thousand.

Dynamics of prices for sunflower and its products in the European part of Russia in may, rubles per ton

23 630

24 350

24 355

25 205

850

50 740

51 640

51 645

52 195

550

14 550

14 825

14 920

15 955

1 035