The government increased the export quota for fertilizers

The export quota for nitrogen fertilizers will be increased to 750,000 tons by the end of the year. Prime Minister Mikhail Mishustin signed the relevant decree. The total quota will amount to just over 9 million tons. The restrictions will not affect supplies to Abkhazia and South Ossetia.

The Ministry of Industry and Trade was instructed to distribute additional volumes among exporters. “The decision was made to support Russian fertilizer producers, who, in conditions of sufficient saturation of the domestic market with products, will have the opportunity to send additional volumes for export,” the statement reads. press release government.

The Ministry of Industry and Trade predicts that the supply of fertilizers from Russia abroad in 2022 will fall by 10%. The agency hopes that manufacturers will not suffer too much from this due to high prices. According to the Russian Association of Fertilizer Producers, 37.6 million tons of fertilizers worth $12.5 billion were exported from Russia last year.

Details - in the material "Kommersant" "Fertilizers do not leave".

Laura Keffer

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