Russia halts ammonium nitrate exports

Change
Russia has banned exports of ammonium nitrate for one month.
Russia halts ammonium nitrate exports
Why it matters
The Agriculture Ministry stopped issuing new export licenses for ammonium nitrate and allowed only shipments under government contracts for the one-month period. Exporters cannot send new ammonium nitrate abroad during that time, restricting foreign supply and prioritizing domestic fertilizer availability for spring planting.
Implications
  • Foreign buyers will lack access to new Russian ammonium nitrate shipments for one month.
  • Russian domestic fertilizer supply is prioritized, reducing near-term risk of shortages during spring fieldwork in Russia.

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Source

themoscowtimes.com

Topics

Trade & Tariffs Supply Chain & Logistics Agriculture

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