05.02.2026, 18:37
India has shown high demand for another Russian product
Source: OREANDA-NEWS
OREANDA-NEWS In 2025, Russia was able to increase the supply of its chemical industry products to the Indian market by 66.2 percent. This is reported on the website of the Russian Ministry of Industry and Trade.
The basis of these exports turned out to be mineral fertilizers, which accounted for 90 percent of supplies. In addition, India has shown demand for rubber products, organic chemicals and plastics products.
According to the agency, last year the mutual trade in chemical industry goods amounted to more than 3 billion 265 million dollars. Thus, the results of 2024 were exceeded by 35.6 percent.
On February 4, it was reported that discounts on Russian oil for Indian buyers increased even more. As a result, the main Urals export grade was already $11 per barrel cheaper for this BRICS country than Brent. Until January 22, the discount averaged $9.15.
The basis of these exports turned out to be mineral fertilizers, which accounted for 90 percent of supplies. In addition, India has shown demand for rubber products, organic chemicals and plastics products.
According to the agency, last year the mutual trade in chemical industry goods amounted to more than 3 billion 265 million dollars. Thus, the results of 2024 were exceeded by 35.6 percent.
On February 4, it was reported that discounts on Russian oil for Indian buyers increased even more. As a result, the main Urals export grade was already $11 per barrel cheaper for this BRICS country than Brent. Until January 22, the discount averaged $9.15.
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