MARKET STRUCTURE · RUSSIA

Russia bans ammonium nitrate exports for one month

Change
Russia's Agriculture Ministry suspended exports of ammonium nitrate for one month.
Russia bans ammonium nitrate exports for one month
Why it matters
The Agriculture Ministry suspended shipments of ammonium nitrate abroad for one month. New export licenses are not being issued, with exceptions only for supplies under government contracts. Russia accounts for about a quarter of global ammonium nitrate production. Major domestic producers named include Uralchem Group, PhosAgro, Acron and EuroChem; Acron’s Dorogobuzh plant is halted until at least May after a drone strike.
Implications
  • · Russian exporters cannot obtain new licenses and are unable to ship ammonium nitrate internationally during the suspension.
  • · Only shipments covered by government contracts can proceed, narrowing which export obligations are fulfilled.
  • · Output lost at damaged facilities (Acron’s Dorogobuzh, ~11% of Russia's output) constrains volumes available for domestic use and contract-exempt deliveries while halted.
Who is affected
  • · Exporters
  • · Importers
  • · Producers
What to watch
  • · End of the one-month export suspension
  • · Earliest restart date for Acron's Dorogobuzh plant (May)
Source

themoscowtimes.com

Topics

World & Politics Trade & Tariffs Business & Markets Supply Chain & Logistics Agriculture

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