The Russian government will extend fertilizer export quotas from June 1 until at least December 2022, Deputy Prime Minister Victoria Abramchenko said at a May 18 meeting, according to Bloomberg, citing Interfax.
It was reported late last month that Russian President Vladimir Putin had ordered the extension of quotas on Russian fertilizer exports to be extended to Aug. 31, and for further quarterly extensions of the restrictions to be considered (GM April 29, p. 32).
Abramchenko said the domestic market must remain a priority for Russian fertilizer producers in order to fully meet the needs of Russian farmers, and achieve results in the production of agricultural products.
According to the report, from June 1, 2022 until May 31, 2023, more than 15 million mt of fertilizers will have to be purchased for the domestic market, which is a 23% increase from the previous year.
Russia’s current quota for the export of nitrogen fertilizers and complex nitrogen-containing fertilizers is valid until May 31, 2022, after being put in place on Dec. 1, 2021 (GM Nov. 5, 2021).
The ban on the export of ammonium nitrate (AN) was extended in late March to run until May 1 (GM April 1, p. 26). The AN export ban that was first imposed starting Feb. 2 had been due to run only until April 2, and was aimed at ensuring the country had enough product for its domestic sowing season (GM Feb. 4, p. 29).