Russian Fertilizer Production Up 15% in August

Russia increased its fertilizer production by 15% year-over-year in August, to 2.2 million mt (in 100% nutrient equivalent), according to Interfax, citing the country’s Federal Statistics Service (Rosstat). August fertilizer output was 1.1% higher than July’s production.

Production of potash fertilizer surged 58.3% year-over-year, to 0.9 million mt in August, and was up 9.3% from July, according to the report. Russia’s phosphate fertilizer production fell 6.6% in August, however, to 0.3 million mt, and was down 7.3% from July.

Nitrogen fertilizer output also fell year-over-year in August, dropping 1.8% to 0.9 million mt for the month, which was down 2.5% from July. Ammonia production increased 2.1% in August, to 1.3 million mt, but fell 1.1% from July.

Russia produced 16.7 million mt (100% nutrient equivalent) of fertilizer in the first eight months of the year, a 3.9% increase from 2022, according to the report. Production of potash fertilizer rose 5.7% year-over-year, to 5.5 million mt, while phosphate fertilizer output was up 0.3%, to 2.9 million mt. Nitrogen fertilizer increased 4% for the period, to 8.2 million mt.