Preparing the ground: why Russia has limited the export of a key product
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Preparing the ground: why Russia has limited the export of a key product
Preparing the ground: why Russia has limited the export of a key product – RIA Novosti, 11/16/2021
Preparing the ground: why Russia has limited the export of a key product
Sky-high gas prices hit European fertilizer producers hard. Factories suspend work and close. To secure the domestic market, … RIA Novosti, 16.11.2021
2021-11-16T08: 00
2021-11-16T08: 00
2021-11-16T08: 25
economy
natural gas
Europe
Ministry of Agriculture of the Russian Federation (Ministry of Agriculture of Russia)
mineral fertilizers
energy crisis
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MOSCOW, November 16 – RIA Novosti, Natalia Dembinskaya. Sky-high gas prices hit European fertilizer producers hard. Factories suspend work and close. To secure the domestic market, export quotas are being introduced in Russia. RIA Novosti figured out how this will affect domestic enterprises and whether it will help to avoid the rise in prices for agricultural products. The chemical industry has been hit hardest, with 80 percent of the industry’s gas costs, according to Fertilizers, Europe. At the same time, the price for raw materials – ammonia and the production of nitrogen fertilizers – has also risen sharply. This hit supply chains immediately. In the UK, for example, there is a shortage of frozen meat due to a shortage of dry ice. This, as Vladimir Putin noted, “will arouse a great desire among manufacturers to enter premium markets.” Therefore, the government decided to limit exports from December 1 to May 31. On the Moscow Stock Exchange, the shares of the Akron concern and the Phosagro company immediately sank. Nikolay Neplyuev, a member of the board of directors of Togliattiazot, is sure that Eurochem and Uralchem will also suffer. Editor-in-chief of the specialized Fertilizer Daily portal Alexei Rezvanov Sir: The Almaz Fertilizers plant, which produces water-soluble complexes of monoammonium phosphate and diammonium phosphate for greenhouse fertilizers, is missing from the smaller incomes. for complex with nitrogen – 5.35 million tons. This is in line with average exports. Therefore, Aleksey Trubnikov, general director of the Agronout company, thinks that domestic producers have not lost so much. According to Rosstat, in the first half of the year, nitrogen mineral and chemical fertilizers rose by 39.6 percent – which forced the prices to freeze on the domestic market. But these are quite high values. The Ministry of Agriculture estimates the annual demand of Russian farmers in mineral fertilizers at 4.52 million tons. And, according to the Russian Association of Fertilizer Producers (RAPU), the industry is already 98 percent self-sufficient. The RAPU stressed: there is no deficit and is not expected. The price of ammonia hit a 13-year high of $ 910 per tonne. The demand for products from Russia has also increased. European farmers cannot have enough agrochemicals for spring sowing and cut acreage. Fertilizer Daily – This means global food inflation is inevitable. As for the domestic market, it is not a fact that quotas will help. There are too many factors: from the increase in the cost of gasoline and diesel fuel to the increase in tariffs for rail transportation. According to Trubnikov from Agronout, 2.5 times more is needed. Therefore, the measures taken by the authorities are timely. The industry is a way to adapt to almost any demand dynamics. Amid difficulties in many countries, it increased fertilizer production by 5.6 percent in September.
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economy, natural gas, europe, ministry of agriculture, mineral fertilizers, energy crisis
MOSCOW, November 16 – RIA Novosti, Natalia Dembinskaya. Sky-high gas prices hit European fertilizer producers hard. Factories suspend work and close. To secure the domestic market, export quotas are being introduced in Russia. How this will affect domestic enterprises and whether it will help to avoid the rise in prices for agricultural products, RIA Novosti figured out.
Stopped production
Gas and electricity prices in Europe are unaffordable. The chemical industry has suffered the most.
One of the producers of mineral fertilizers, the Norwegian Yara International ASA, is cutting production at its European sites by 40 percent. British CF Industries closed two factories, cut off some capacity and German BASF SE.
According to the Fertilizers Industry Group, Europe, 80 percent of the industry’s costs are gas. At the same time, the price for raw materials – ammonia and the production of nitrogen fertilizers – has also risen sharply. This hit supply chains immediately. In the UK, for example, there is a shortage of frozen meat due to a shortage of dry ice.
In Russia, the price of nitrogen mineral and chemical fertilizers is fixed at the July level, and they are three or even four times lower than in Europe. This, as Vladimir Putin noted, “will arouse a great desire among manufacturers to enter premium markets.” Therefore, the government decided to limit exports from December 1 to May 31.
September 21, 08:00
Who Stops European Factories: This Time We Can’t Get Out
Will not suffer much
First of all, we are talking about the most demanded nitrogen and complex fertilizers in the spring sowing season. On the Moscow Stock Exchange, the shares of the Akron concern and the Phosagro company immediately sank. Nikolai Neplyuev, a member of the board of directors of Togliattiazot, is sure that Eurochem and Uralchem will also suffer.
Aleksey Rezvanov, editor-in-chief of the specialized portal Fertilizer Daily, Cer: “The urea-ammonia mixture of Acron and EuroChem in 2019 came under the EU anti-dumping duties.”
On the other hand, quotas are 5.9 million tons for nitrogen fertilizers, and for complex nitrogen fertilizers – 5.35 million tons. This is in line with average exports. Therefore, Aleksey Trubnikov, general director of the Agronout company, believes that domestic producers have not lost so much.
November 10, 04:46 PM
Fertilizer Situation Should Not Affect Food Prices, Putin Statement
There is no shortage
There is another point. According to Rosstat, in the first half of the year, nitrogen mineral and chemical fertilizers rose by 39.6 percent – which forced the prices to freeze on the domestic market. But these are quite high values.
There are already 800 dollars per ton in the world, and in the conditions of the gas crisis, this may not be the limit. Therefore, agricultural producers buy for future use. that the situation is under control, “explains Trubnikov.
The Ministry of Agriculture estimates the annual demand of Russian farmers in mineral fertilizers at 4.52 million tons. And, according to the Russian Association of Fertilizer Producers (RAPU), the industry is already 98 percent self-sufficient. The RAPU stressed: there is no deficit and is not expected.
November 9, 22:00
RAPU: fertilizer producers will meet the needs of the agro-industrial complex of the Russian Federation
Timely measures
In Europe, the situation is different. The price of ammonia hit a 13-year high of $ 910 per tonne. The demand for products from Russia has also increased. In such conditions, quotas will serve as a trigger for the next rise in prices in December.
“European farmers have been seriously replaced: they may not have enough agrochemicals for spring field work and reduce the acreage. Consequently, food prices will certainly rise,” says Fertilizer Daily’s Rezvanov.
This means that global food inflation is inevitable. As for the domestic market, it is not a fact that quotas will help. There are too many factors: from the increase in the cost of gasoline and diesel fuel to the increase in tariffs for rail transportation.
“In addition, large producers like Bayer, BASF, Corteva Agriscience, Shchelkovo Agrokhim, August can, if they wish, impose their conditions on agricultural enterprises and farmers,” Rezvanov said.
At the same time, market participants note that fertilizers are used insufficiently in Russia. According to Trubnikov from Agronout, 2.5 times more is needed. Therefore, the measures taken by the authorities are timely.
The RAPU emphasizes that the domestic market has always been and remains a priority for domestic producers. The industry is a way to adapt to almost any demand dynamics. Amid difficulties in many countries, it increased fertilizer production by 5.6 percent in September.