Source: Oleoscope (Russia)
Russia suspends ammonium nitrate exports by halting licenses. Specifically, existing and pending export licenses are affected. Moreover, the Russian Ministry of Agriculture announced this measure. The goal is to support spring fieldwork. Furthermore, the ministry aims to prioritize the supply of in-demand fertilizers to Russian farmers.
Russia Suspends Ammonium Nitrate Exports: Restriction Period
The restrictions will be in effect from March 21 to April 21. However, there is one exception. Deliveries made under intergovernmental agreements are exempt.
Ministry Rationale for Export Suspension
The ministry notes that export demand for nitrogen fertilizers is growing. Consequently, suspending their exports will allow prioritizing domestic market needs. Moreover, this ensures uninterrupted implementation during spring fieldwork.
The Russian Ministry of Agriculture’s task force made this decision. Specifically, they monitor nitrogen fertilizer deliveries to agricultural producers. Furthermore, they oversee fulfillment procedures.
Related EU Developments
Earlier, it was reported that Hungary called on the EU to lift duties. This call came amid the logistics crisis. Moreover, Hungary specifically targeted duties on fertilizers from Russia and Belarus.