As reported "Interfax" a source in the agricultural industry familiar with the Protocol held in mid-may meeting of the Subcommission on customs tariff and nontariff regulation, protective measures in foreign trade, the Commission decided to raise the rate for the period from 1 February to 31 August 2021.

The Ministry of economic development until September 15 of this year, requested to submit the corresponding draft resolution of the government.

In addition, the sub-Commission deemed it appropriate to extend until August 31 of this year period of the ban on the export of sunflower introduced from April 12, according to the decision of the EEC. Currently the ban is in effect until June 30 of this year. The economic development Ministry was instructed to prepare and send to the ECE relevant materials for further consideration.

Proposals for change of a mode of export of sunflower discussed for a long time. Proponents of increasing the restrictions insist that it will reduce its prices for processing capacity utilization and thereby increase the production and export of products with high margins. Opponents say that this decision reduces the incentives for development of sunflower production and the use of modern technology in its cultivation. This could result in the stagnation of production, the adjustment of the acreage under sunflower and as a result - reduction of raw materials for processors.

Despite the current limitation of the export prices for sunflower growing. According to departmental monitoring of the Ministry of agriculture of the Russian Federation referenced in the Center agrobaltika in the office, on the 4th of June, the average price of sunflower was 21 904 rubles per tonne, 317 rubles more than on 28 may, and 3 177 rubles exceeds the index of the beginning of June 2019. The most expensive sunflower in the Central Federal district. Rises in price and sunflower oil.

Center agrobaltika also believes that prices for sunflower seeds and oil will get support because of low level residues. By may 1, 2020, the stocks of sunflower seeds in the agricultural organizations of Russia (without small enterprises) grew by 30.1% against the same date of 2019. Higher prices will contribute to the growth of world prices for sunflower oil, says the report of the Centre.