# Russia: Change in sunflower meal export duties (November 2023) - Global Trade Alert

> Russia's Ministry of Agriculture decreased export duties on sunflower meal for November 2023, effective 1 November through 30 November. The export tax on sunflower oil stays at zero.

- Date: 2023-10-26 · published 2023-10-26T12:00:00.000Z
- Category: policy · region Russia · magnitude low
- Page: https://feedsoft.ai/events/33748-russia-change-in-sunflower-meal-export-duties-november-2023-global-trade-alert
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower Russian export duties on sunflower meal make Russian meal more competitive in world markets, adding export supply that weighs modestly on meal prices.

## Read by commodity

- SBO: neutral
- SUNMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2021-07-01 | [Palm oil duty structure changes come at 'opportune moment' \| S&P Global](https://feedsoft.ai/events/45936-palm-oil-duty-structure-changes-come-at-opportune-moment-s-and-p-global.md) | -2.1% | +1.6% |
| SBO | 2018-08-02 | [PORAM: Review Malaysia's CPO export duties to level playing field with Indonesia](https://feedsoft.ai/events/63400-poram-review-malaysia-s-cpo-export-duties-to-level-playing-field-with-indonesia.md) | +0.0% | -1.5% |
| SBO | 2017-02-24 | [SEBI allows trading of soya oil in the Exchanges](https://feedsoft.ai/events/72591-sebi-allows-trading-of-soya-oil-in-the-exchanges.md) | +4.8% | +2.8% |
| SBO | 2022-05-10 | [EXCLUSIVE: Exclusive: Malaysia may cut palm oil export tax by half amid global supply crisis \| Reuters](https://feedsoft.ai/events/15819-exclusive-exclusive-malaysia-may-cut-palm-oil-export-tax-by-half-amid-global.md) | -2.7% | -5.5% |
| SBO | 2023-06-24 | [Palm Oil News - July 2023 Export Tax in Malaysia Would be 8 Percent](https://feedsoft.ai/events/15723-palm-oil-news-july-2023-export-tax-in-malaysia-would-be-8-percent.md) | +3.7% | +16.2% |

## Sources

- globaltradealert.org: https://globaltradealert.org/state-act/81561-russia-change-in-sunflower-meal-export-duties-november-2023/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.