Russia Has No Plans To Lift Sunflower Export Duty After Aug. 31
Portfolio Pulse from Benzinga Newsdesk
Russia has no plans to lift the sunflower export duty after August 31, according to Reuters citing Tass. This may affect the prices of sunflower-related products and ETFs such as SPY and VGK.
June 15, 2023 | 1:04 pm
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NEUTRAL IMPACT
Russia's decision to not lift sunflower export duty may affect the prices of sunflower-related products, potentially impacting SPY ETF.
The decision to not lift the sunflower export duty may affect the prices of sunflower-related products, which could have a minor impact on the SPY ETF. However, the overall impact is likely to be limited as sunflower-related products are just a small part of the ETF.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Russia's decision to not lift sunflower export duty may affect the prices of sunflower-related products, potentially impacting VGK ETF.
The decision to not lift the sunflower export duty may affect the prices of sunflower-related products, which could have a minor impact on the VGK ETF. However, the overall impact is likely to be limited as sunflower-related products are just a small part of the ETF.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50