Russia plans to extend the fertilizer export quotas
The Ministry of Industry and Trade of Russia has prepared a draft decree providing for the extension of quotas for the export of mineral fertilizers until May 31, 2023.
As follows from this document, the export quota for ammonium nitrate outside the Eurasian Economic Union may be 1.16 million tons, carbamide – 4.6 million tons, carbamide-ammoniac compound – 1.25 million tons, NPK fertilizers – 2.7 million tons, monoammonium phosphate – 1.74 million tons, and sulfoammophos – 0.48 million tons.
In general, it’s planned to limit the supply of 7 million tons of nitrogen and 4.9 million tons of complex fertilizers.
The Russian government set export quotas for nitrogen and complex fertilizers on December 1, 2021. They are valid until December 31, 2022.