Breaking News


Russia to Keep Raw Sugar Import Duty at $140 a Ton in May

Russia will keep its tax on raw sugar imports at $140 a metric ton in May, the Customs Union Commission of Russia, Belarus and Kazakhstan said.

The duty is based on monthly sugar prices in New York, with a one-month lag, according to the Customs Union Commission, which oversees the tariffs for Russia, Belarus and Kazakhstan. The sweetener was calculated at 24.73 cents a pound, or $545.26 a ton in March, according to a statement on the commission’s website today.

The rate was also $140 a ton in April and is expected to stay at that level through July, according to the commission data.

To contact the reporter on this story: Marina Sysoyeva in Moscow at

To contact the editor responsible for this story: Claudia Carpenter at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.