Manufacturers of miniature fertilizers will freeze products for products at the level of medium values until May-July 2021. This is reported by Kommersant.
It is noted that the government decided to use possible tools in order not to create a deficit of this product for agricultural producers and not to break the spring sowing. The relevant question was discussed in the Ministry of Agriculture November 19.
The agency has already collected consumer applications in the regions and sent them to the Ministry of Industry, which should distribute them to manufacturers. The Association of Fertilizer Manufacturers (Rapu) rated that Russian agriculture requires about 4.7 million tons in 2022.
16 regions with the greatest consumption will conclude agreements with manufacturers in which obligations on the volume of supply and procurement will be enshrined.
“In addition to fixing prices, we are talking about a guarantee of delivery volumes. We need a guarantee of counterparts. If prices are fixed, the agrarians may not want to take volumes now, but to postpone procurement until March-April, until the moment of entering,” said the general director “PhosAgro “And the head of Rapu Andrei Guriev.
On November 3, the Government adopted a decree limiting the export of nitrogen and complex nitrogen-containing fertilizers from December 1, 2021 to May 31, 2022. The quota applies to countries that are not included in the Eurasian Economic Union (EAEU). Quota size is 5.9 million tons for nitrogen fertilizers and 5.35 million tons for containing two or three nutritional elements – nitrogen, phosphorus and potassium. Russian Prime Minister Mikhail Mishustin explained new measures to ensure the domestic fertilizer market to avoid raising food prices.