The government increased the non-tariff quota for the export of certain nitrogen fertilizers
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The Ministry of Industry and Trade has increased the non-tariff quota for the export of a number of nitrogen fertilizers. The quota for urea increased by 400 thousand tons, ammonium nitrate – by 200 thousand tons, carbamide-ammonia mixture – by 150 thousand tons. This was reported by the press service of the ministry.
“The increase in quotas will allow us to maintain the production of nitrogen fertilizers and prevent overstocking of warehouses. Our priority remains to ensure the domestic market of Russia, and only the volume that was not in demand on the domestic market is exported, ”the press service quotes the words of Mikhail Ivanov, Deputy Head of the Ministry of Industry and Trade of the Russian Federation (quoted from TASS).
Earlier, the government prepared a draft government decree on extending benefits for the export of nitrogen and complex fertilizers from Russia until May 31, 2023. According to the document, quotas for nitrogen and complex fertilizers in January-May 2023 will be 16-17% less than their figure in the second half of 2022. Quotas are expected to be set at 7 million and 4.9 million tons, respectively.
More details – in the material “Kommersant” “Export of fertilizers will be limited symbolically”.
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