Russia may increase the export quota for fertilizers in place for June 1-Nov. 30, 2023, raising the quota by 2.2 million mt, to more than 18.5 million mt, according to an Interfax report this week, citing a draft government resolution.
Russia’s Industry and Trade Ministry has drawn up the draft resolution after calculating the additional quota based on the latest data on production, inventories, and supplies of fertilizers. The additional quota reflects the amount not needed on the Russian domestic market.
The Russian government first introduced quotas for the export of nitrogen and complex fertilizers on Dec. 1, 2021, as one of the measures to ensure the domestic market had sufficient supply of fertilizers (GM Nov. 5, 2021).
The export restrictions have been extended several times over the intervening period. In May Russia green-lighted an extension of quotas on the export of nitrogen fertilizers and certain other fertilizer products for the June 1-Nov. 30 period (GM June 2, p. 1). A total export quota of more than 16.3 million mt was set at that time.