Russia halts ammonium nitrate exports for one month

Russia suspended ammonium nitrate exports until April 21 to prioritize domestic farmers. The move follows global supply issues and recent production damage.

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Russia, which controls approximately 40% of the global trade in ammonium nitrate, announced on Tuesday a one-month suspension of all exports of the fertilizer. The restriction is scheduled to last until April 21, a move intended to secure domestic supplies for the upcoming spring planting season.

A drone captures a tractor fertilizing and sowing wheat seeds at the Sovkhoz Morskoi enterprise in the Novosibirsk region, Russia, in May 2024. REUTERS/Vladislav Nekrasov
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