Russia considers extending fertilizer export quotas, says deputy prime minister.

The Russian government is considering extending export quotas for certain types of fertilizers, Deputy Prime Minister Dmitry Patrushev said on Friday (17). According to the official, the measure is under review as a way to balance domestic supply and the country's share of the international market. Patrushev highlighted that prices for mineral fertilizers in the domestic market remain stable, while the pace of purchases continues to increase. He stated that approximately 90% of the fertilizer purchase plan until the end of May has already been fulfilled. The Russian government had previously renewed export quotas, valid from December to May. The total authorized volume is approximately 18.7 million tons, distributed between 10.6 million tons of nitrogen fertilizers and more than 8 million tons of NPK fertilizers.

This text was translated by machine from Brazilian Portuguese.