# Fertilizer market anticipates little impact from updated Russian export quotas

> Russian market participants and traders do not expect the newly announced fertilizer export quotas to materially affect exports. The quotas for Dec 1, 2024 to May 31, 2025 cut urea, UAN and AN limits by about 10% to roughly 11.2 million mt, and raise MAP, NPK and NP limits by about 10% to roughly 8 million mt. Participants say the limits are a slight adjustment of existing restrictions and may not be fully used.

- Date: 2024-10-25 · published 2024-10-25T12:00:00.000Z
- Category: policy · region Russia · magnitude low
- Page: https://feedsoft.ai/events/27784-fertilizer-market-anticipates-little-impact-from-updated-russian-export-quotas
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Because the quota changes are small and the limits may go unfilled, the supply impact on urea and phosphates looks limited, so prices are unlikely to move much on this news alone.

## Read by commodity

- DAP: neutral
- UREA: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2025-12-11 | [Urea market braces for EU’s CBAM \| World Fertilizer](https://feedsoft.ai/events/21823-urea-market-braces-for-eu-s-cbam-world-fertilizer.md) | +1.0% | +11.2% |
| UREA | 2023-12-11 | [(2nd LD) S. Korea to extend tariff quota on urea, fertilizer material over China's export curbs \| Yonhap News Agency](https://feedsoft.ai/events/32638-2nd-ld-s-korea-to-extend-tariff-quota-on-urea-fertilizer-material-over-china-s.md) | -3.1% | -2.4% |
| UREA | 2025-10-06 | [TFI Chicago Conference: Insights into Fertilizer Markets](https://feedsoft.ai/events/22724-tfi-chicago-conference-insights-into-fertilizer-markets.md) | -0.8% | -0.3% |
| UREA | 2023-04-18 | [Why stabilising the fertiliser market matters for Europe’s food industry](https://feedsoft.ai/events/36741-why-stabilising-the-fertiliser-market-matters-for-europe-s-food-industry.md) | +1.5% | +6.3% |
| UREA | 2024-04-28 | [Uncertainty Brings Fertiliser Markets to Near Halt \| CZ app](https://feedsoft.ai/events/5020-uncertainty-brings-fertiliser-markets-to-near-halt-cz-app.md) | -7.7% | -6.1% |
| DAP | 2026-02-12 | [Market data analysis & forecasts - Fertilizer market](https://feedsoft.ai/events/20936-market-data-analysis-and-forecasts-fertilizer-market.md) | -0.3% | +2.8% |
| DAP | 2023-12-11 | [(2nd LD) S. Korea to extend tariff quota on urea, fertilizer material over China's export curbs \| Yonhap News Agency](https://feedsoft.ai/events/32638-2nd-ld-s-korea-to-extend-tariff-quota-on-urea-fertilizer-material-over-china-s.md) | +0.9% | +3.9% |
| DAP | 2024-02-29 | [Fertilizer DAP Market Turn Steady Amidst limited spot purchases and plummet downstream enterprises](https://feedsoft.ai/events/4300-fertilizer-dap-market-turn-steady-amidst-limited-spot-purchases-and-plummet.md) | +6.0% | +7.1% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/fertilizers/102524-fertilizer-market-anticipates-little-impact-from-updated-russian-export-quotas

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.