OREANDA-NEWS  By May 2025, export prices for most types of Russian fertilizers increased by 11-19 percent. The newspaper Vedomosti reports on the rise in prices, citing data from the Metals & Mining Intelligence (MMI) agency.

The cost of carbamide nitrogen fertilizer on the FOB basis ("with loading on the ship") The Baltic rose to 354-348 dollars per ton (plus 11-13 percent). Phosphorous fertilizers like diammophos and ammophos rose in price to 650-670 dollars (plus 13-15 percent). Potassium chloride rose in price to $233-285 per ton (plus 11-19 percent). The cost of ammonium nitrate decreased due to lower demand to $213 (minus five percent).

Export prices for Russian fertilizers are rising at the same time as global quotations due to an increase in gas prices due to the cold winter in Europe and the suspension of transit of Russian raw materials through Ukraine. Maxim Bratchikov, head of the MMI fertilizer market, explains the trend due to a shortage of supply and geopolitical factors.

According to the Ministry of Industry and Trade, about 70 percent of fertilizers produced in the Russian Federation are exported, 20 percent are consumed by the Russian agricultural sector, and the remaining 10 are consumed by other industries. According to Alexey Kalachev, an analyst at Finam, the increase in fertilizer prices will have a positive effect on exporters' revenue and will allow them to compensate for the freeze in fertilizer prices within the country.

In March, Russia sold $219.3 million worth of fertilizers to the United States, the highest result in two years, and Russian companies regained second place in terms of supplies to the United States market, displacing Saudi Arabia. Russian imports doubled in a month and increased by 25 percent in a year. It is noted that in February 2024, the amount of 238.7 million dollars was discussed.