Russian Fertilizer Production Up in May

Russian mineral fertilizer production in May increased by 6% year-over-year, to 2.2 million mt of active ingredient, Interfax reported, citing the Russian Federal State Statistics Service (Rosstat). Output rose 1.5% compared with April 2023.

Potash production in May grew 11% year-over-year, to 0.7 million mt, up 4% from April. Nitrogen fertilizer output in May was up 7% year-over-year, to 1.1 million mt of active ingredient, but down 0.4% from April. Phosphate fertilizer production in May totaled 0.4 million mt, 5% lower than May 2022 but up 3% compared to April.

For January-May, Russia produced 10.3 million mt (active ingredient) of fertilizers. Potash output for the period fell 12% from last year, to 3.1 million mt, but nitrogen fertilizer production increased 6%, to 5.3 million mt, and phosphate fertilizer output rose to 1.9 million mt, up 2% from last year.

Ammonia production during the first five months fell almost 5% year-over-year, to 7.2 million mt, but was up 5.4% for the month of May compared with last year.