PhosAgro Sees 1.5 Percent Rise in Exports in 2019

PhosAgro Group, Moscow, said this week it expects to export about 6.6 million mt of fertilizers this year, marking a 1.5 percent increase on last year’s 6.5 million mt of export deliveries, according to an Itar-Tass report, citing the group’s Deputy CEO for Sales and Marketing, Sergey Pronin.

Pronin said PhosAgro’s full-year production is expected to reach 9.5 million mt, in line with earlier group guidance (GM Nov. 1, p. 26). He expects the group’s output to increase to some 10 million mt in 2020.