Russia could extend fertiliser export limits until November

Russia could extend restrictions on fertiliser exports for six months until November to help support the domestic market, Agriculture Minister Dmitry Patrushev said on Friday. Moscow introduced temporary quotas on some of its fertiliser exports in late 2021 to ensure domestic supplies but has extended them continuously since.

Reuters | Moscow | Updated: 24-03-2023 20:27 IST | Created: 24-03-2023 20:26 IST

Russia could extend fertiliser export limits until November — Representative Image Image Credit: ANI

Country:
Russian Federation

Russia could extend restrictions on fertiliser exports for six months until November to help support the domestic market, Agriculture Minister Dmitry Patrushev said on Friday.

Moscow introduced temporary quotas on some of its fertiliser exports in late 2021 to ensure domestic supplies but has extended them continuously since. The current restrictions are due to expire at the end of May. "Together with the trade ministry and the Federal Antimonopoly Service we are working on extending the existing set of measures on fertilisers for another six months, up to November inclusive," Patrushev said.

Russia is one of the top producers of potash, phosphate and nitrogen-containing fertilisers worldwide.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)