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Russia debates palm oil tax as dairy prices fall

Original: масло

Dairy products in Russia have become cheaper, according to regional reporting from Tula, while State Duma speaker Vyacheslav Volodin proposed sharply raising taxes on palm oil and oysters. The combination has drawn attention to food prices and the quality of dairy products, since palm oil is often used as a cheaper substitute for milk fat in Russian food production.

Why now: Talk of a palm oil tax directly follows news of falling dairy prices, linking food costs to substitution of milk fat.

RussiaVyacheslav Volodinpalm oildairy industry

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