The export price of sunflower oil from the Russian Federation increased by 40 over the year%

In October, the export price of sunflower oil increased by 11%, and increased by more than 40% over the year. The upward trend is also observed in the cost of this product in the domestic market. Since September, the price has increased by 25%. This is attributed to high global demand and a reduction in the supply of vegetable oils.

Experts note that the situation should be corrected by rising export duties. In November, the export duty on sunflower oil amounted to 2.89 thousand rubles.