City
Epaper

Russia's fertilizer export may drop by 15% in 2022

By IANS | Updated: December 29, 2022 15:35 IST

Moscow, Dec 29 Russia's export of mineral fertilizers may drop by 15 per cent this year, better than ...

Open in App

Moscow, Dec 29 Russia's export of mineral fertilizers may drop by 15 per cent this year, better than a 20-per cent reduction projected in the summer, said a top official.

Andrey Guryev, head of the Russian Fertilizer Producers Association, said the export drop is due to Western sanctions imposed in the wake of Moscow's ongoing war against Ukraine, reports Xinhua news agency.

Starting from June to July, Russian producers increased supplies to the markets of "friendly countries", said Guryev.

Guryev said that Russian companies reduced supplies of potassium and phosphate to Europe and increased the supply of mineral fertilizers to India and the Middle East, mainly Turkey.

In addition, the share of Russian fertilizers in the market of African countries has significantly increased, he added.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Russian Association of Fertilizer ProducersAndrey guryevRussiaXinhuaMoscowRussian parliamentPakistan russiaMoskvaRus
Open in App

Related Stories

InternationalRussia Train Accident: Goods Train Derails and Bursts Into Flames After Colliding With Truck in Smolensk (Watch Video)

InternationalRussia-Ukraine War: Poland Urges Citizens to Urgently Leave Belarus 'By Any Necessary Means'

InternationalPoland Shuts Airports After Russian Drones Sighted in Airspace; Polish Armed Forces Neutralising Flying Objects

InternationalPM Narendra Modi, Chinese President Xi Jinping and Russian President Vladimir Putin Seen Interacting at SCO Summit 2025 in China

NationalDonald Trump Imposes Additional 25% Tariff on India, Total Tariff Now 50%

Politics Realted Stories

MumbaiAmeet Satam Appointed As Mumbai BJP President Ahead of BMC Polls

Maharashtra'Chaddi Baniyan' Protest at Maharashtra Assembly: Opposition Stages Agitation Against Sena MLA for Punching and Slapping Canteen Staff (Watch Video)

MaharashtraMaharashtra Monsoon Session: Ajit Pawar Slams Bhaskar Jadhav Over Fund Allegations, Says 'No Need for Unsolicited Advice'

MumbaiUddhav Thackeray Pats Raj Thackeray on Back at Victory Rally Speech; Emotional Video of Thackeray Brothers Goes Viral

MaharashtraMarathi Language Controversy: ‘Did I Pass a GR Against Brotherhood?’ Devendra Fadnavis Hits Back at Uddhav & Raj Thackeray