Russia reduced the export of mineral fertilizers by only 7.2%

During the first half of 2022, the export of mineral fertilizers from Russia amounted to about 17 million tons, having decreased by 7.2% compared to the same period last year, said the Minister of Industry and Trade of Russia Denis Manturov.

“This is primarily due to the shutdown of the Togliatti-Odessa ammonia pipeline, restrictions on the transshipment of Russian fertilizers through the ports of neighboring states, refusals of foreign buyers to pay for Russian products, and problems with making payments. Taking into account the ongoing work with the UN, we hope to maintain a stable supply of fertilizers at a level not lower than last year,” explained Denis Manturov.

Source: Interfax

Add Fertilizer Daily to your followed sources to get market news first  

Enjoyed the story?

Once a week, our subscribers get their hands first on hottest fertilizer and agriculture news. Don’t miss it!