Fertilizer market anticipates little impact from updated Russian export quotas

Many fertilizer market participants are largely unbothered by the recent announcement of new fertilizer export quotas from Russia to countries outside the Eurasian Economic Union. “We don’t expect any negative impact on fertilizers export,” a Russian market source said. A second market participant, a trader, also didn’t express any expectation of a major impact. “It’s a regular procedure,” he said….Many fertilizer market participants are largely unbothered by the recent announcement of new fertilizer export quotas from Russia to countries outside the Eurasian Economic Union. “We don’t expect any negative impact on fertilizers export,” a Russian market source said. A second market participant, a trader, also didn’t express any expectation of a major impact. “It’s a regular procedure,” he said….Read More