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Russia Proposes EUR 25/ton Wheat Export Tax

RUSSIA
  • Russia proposes wheat export tax of EUR 25/ton
  • Tax to begin Feb 15-June 30 as had been previously indicated
  • Analysts stipulate this will have little effect on short-term inflation
  • but may cause longer term price dislocations in the wheat market if extended too long
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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