РАПУ

55/1-1, Leninsky prospekt, Moscow, 119333

Russian farmers increase purchases of mineral fertilizers by 20% over 8 months

13.09.2022 | News

According to Russia’s Ministry of Agriculture, Russian farmers increased their purchase of mineral fertilizers by 20% year-on-year during the first eight months of 2022, to 4.3 million tonnes nutrient. Thus, as of early September, domestic agribusiness purchased more mineral fertilizers than in all of 2020.

The President of the Russian Fertilizer Producers Association, Andrey Guryev, said:

“Nearly 90% of the Ministry mineral fertilizer purchasing plan for 2022, taking into account carryover stocks, has already been fulfilled. The remaining volumes are already under contract and have been included in the production schedule for the rest of the year. All the necessary infrastructure for the transfer and storage of mineral fertilizers to ensure that seasonal field work is carried out throughout the country is in place. The annual supply target will be exceeded.”

During the All-Russian Field Day 2022, in the Kaliningrad region on 29 July 2022, Russia’s Agriculture Minister, Dmitry Patrushev, said that farmers would purchase 5 million tonnes nutrient this year and that the application rate would be 60 kg nutrient/ha. The Minister also noted that purchases of mineral fertilizers need to be increased to 8 million tonnes nutrient by 2030.

 

Other news

PhosAgro Announces Results of General Meeting of Shareholders

PJSC PhosAgro, one of the world’s leading vertically integrated phosphate-based fertilizer producers, announces the results of voting at a general meeting of shareh...

27.06.2025
PhosAgro Successfully Completes Landmark Transaction for Russian Debt Market at Lowest Rate since Start of the Year

PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading producers of phosphate-based fertilizers, successfully completed the book build on 24 June...

24.06.2025
PhosAgro Shareholders Elect New Board of Directors and Approve 2024 Annual Report

Moscow – The shareholders of PJSC PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer produce...

02.06.2025
На верх страницы