Russia May Impose Formula-Based Export Tax For Wheat From June 1 – Two Sources

Russia, one of the world’s largest exporters of wheat, is considering introducing a formula-based export tax for wheat from June 1, two sources familiar with government talks, told Reuters. The tax may be set at 70% of price per tonne minus $200, they said. One of the sources added that Russian officials are still debating …

The post Russia May Impose Formula-Based Export Tax For Wheat From June 1 – Two Sources first appeared on Hellenic Shipping News Worldwide.

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