The Russian Ministry of Agriculture set the September export duty on sunflower oil at 14,377.7 rubles per ton, nearly double August's level. The duty on sunflower meal rises to 1,958.8 rubles per ton from 312.4 rubles in August.
The floating duty, known as the sunflower damper, has been extended through August 31, 2028.
A floating duty that rises with the gap between base and market prices reduces Russian export supply of sunflower oil and meal. That tightens world supply and supports prices for buyers of sunflower meal.
Not enough comparable past events yet for a historical read.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.