FAS: DOMESTIC PRICES FOR FERTILIZERS WILL BE KEPT AT 2022 LEVEL
No indexation is currently provided
It is due to adoption of a resolution of the Government of the Russian Federation, which provides for restriction of the fertilizers export.
It should be reminded that limit prices of mineral fertilizers were voluntarily fixed by manufacturers in 2021 and were formed in accordance with the recommendations of FAS Russia.
They provided for the establishment of prices at a level not higher for the period May-July 2021 and their indexation in June, September 2022.
The recommendations have been extended until May 31, 2024.
For reference:
Nitrogen and nitrogen-containing fertilizers are used by farmers during sowing. These include ammonium nitrate and carbamide.