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    Home > Food News > Food Articles > The Russian government approves temporary restrictions on certain fertilizer exports

    The Russian government approves temporary restrictions on certain fertilizer exports

    • Last Update: 2021-11-12
    • Source: Internet
    • Author: User
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    Russian Satellite News Agency, Moscow, November 5th.
    The Russian government website announced that the government has approved temporary restrictions on the export of certain types of fertilizers
    .
     
    The source said: "The Russian Federation government's draft resolution on this issue was passed
    .
    "
     
    At the government meeting on November 3, Russian Prime Minister Mishustin stated that the rise in natural gas prices would have an impact on the international market in the morning
    .
    According to Mishustin, in order not to affect the Russian domestic market, the government has taken some measures, including the temporary restriction of nitrogen fertilizer exports
    .
     
    Mishustin added: “Natural gas costs account for a large part of the cost of nitrogen fertilizer in the market
    .
    With the increase in natural gas prices, the price of nitrogen fertilizer will inevitably rise
    .
    Such foreign companies have stopped production
    .
    In order to prevent shortages in the domestic market.
    As a result, food prices have risen, and the government has been entrusted by the President to impose a six-month restriction on the export of nitrogenous fertilizers and compound fertilizers
    .
    "
    Export
     
      The source said: "The Russian Federation government's draft resolution on this issue was passed
    .
    "
     
      At the government meeting on November 3, Russian Prime Minister Mishustin stated that the rise in natural gas prices would have an impact on the international market in the morning
    .
    According to Mishustin, in order not to affect the Russian domestic market, the government has taken some measures, including the temporary restriction of nitrogen fertilizer exports
    .
     
      Mishustin added: “Natural gas costs account for a large part of the cost of nitrogen fertilizer in the market
    .
    With the increase in natural gas prices, the price of nitrogen fertilizer will inevitably rise
    .
    Such foreign companies have stopped production
    .
    In order to prevent shortages in the domestic market.
    As a result, food prices have risen, and the government has been entrusted by the President to impose a six-month restriction on the export of nitrogenous fertilizers and compound fertilizers
    .
    "
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