Russia withdrew export quotas for certain fertilizers, says Interfax

The government of Russia has withdrawn export quotas for certain internationally traded fertilizers, informed the Interfaz news agency on June 02.

Extending the non-tariff quota for diammonium phosphate (DAP), sodium nitrate, and mixtures of calcium nitrate and ammonium nitrate was deemed impractical due to low demand from domestic farmers, the agency said, citing the Russian Ministry of Industry and Commerce.

Russia has set export quotas for fertilizers from July to December, saying that it aims to ensure sufficient supplies for domestic farmers.

The restrictions extend measures introduced in the last six months.

Source: Money Times

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