Russia could restrict sunflower oil exports – Vedomosti ...News

The agriculture ministry may discuss a halt in supplies with producers this week, the outlet reports Russia’s agriculture ministry may advise producers of sunflower oil and wheat to temporarily suspend exports due to a sharp decline in global prices, Vedomosti business daily reported on Thursday, citing sources familiar with the issue. Over the past week, sunflower oil prices dropped from $1,100 to $800 per ton, while sunflower wheat fell from $600 to $395 per ton. The regulator plans to discuss export restrictions at a meeting with producers this week, the outlet said, citing Deputy Agriculture Minister Oksana Lu

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