Russia has expanded mineral fertilizer exports

Russian Prime Minister Mikhail Mishustin signed a decree increasing the quotas for the export of mineral fertilizers by almost 700 thousand tons.

According to his statement, the quota for the export of nitrogen fertilizers has increased by 231 thousand tons to 5.7 million tons, complex — by 466 thousand tons to 5.6 million tons. The limitation does not affect exports to South Ossetia, Abkhazia, Donetsk and Luhansk People’s Republic.

“These measures are necessary to support fertilizer producers who are at risk of downtime due to low demand in the domestic market and sanctions imposed by the EU and the US,” the press-release of the Russian government says.

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