Russia stops ammonium nitrate exports for one month

Change
Russia banned exports of ammonium nitrate for one month and halted issuance of new export licences, with exceptions only for supplies under government contracts.
Why it matters
New commercial export authorizations for ammonium nitrate are now unavailable, preventing exporters from legally sending new shipments abroad unless covered by a government contract. That constraint forces producers to either divert export-bound volumes to Russia’s domestic market or to pause outbound deliveries until the restriction lifts.
Russia stops ammonium nitrate exports for one month
Implications
  • Ammonium nitrate export teams at Uralchem Group, PhosAgro, Acron, EuroChem and KuybyshevAzot must stop arranging new foreign shipments that require fresh export licences and must reallocate export-bound volumes to domestic buyers or hold them, because new licences will not be issued for commercial exports.

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Source

themoscowtimes.com

Topics

Trade & Tariffs Supply Chain & Logistics Agriculture

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