# Russian government extends fertilizer export quotas for six months -  Business & Economy - TASS

> The Russian government extended its mineral fertilizer export quotas until May 31, 2024. The total quota is about 17 million tonnes, including 9.8 million tonnes of nitrogen fertilizers and over 7.1 million tonnes of NPK fertilizers. The decree aims to keep sufficient fertilizer in the domestic market.

- Date: 2023-11-23 · published 2023-11-23T12:00:00.000Z
- Category: policy · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/33095-russian-government-extends-fertilizer-export-quotas-for-six-months-business-and
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

Russia's export quotas cap a major global fertilizer supply source through mid-2024, supporting nitrogen and NPK prices and keeping input costs elevated for feed grain production.

## Read by commodity

- DAP: bullish ▲
- UREA: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2023-08-31 | [Russian Cabinet sets export duties for fertilizers from September 1 -  Business & Economy - TASS](https://feedsoft.ai/events/34497-russian-cabinet-sets-export-duties-for-fertilizers-from-september-1-business.md) | +7.6% | +5.3% |
| UREA | 2023-05-29 | [The government has set quotas for the export of mineral fertilizers in June – November 2023 \| AKM EN](https://feedsoft.ai/events/35872-the-government-has-set-quotas-for-the-export-of-mineral-fertilizers-in-june.md) | -8.1% | -3.1% |
| UREA | 2024-04-27 | [Order of the Government of the Russian Federation "About Introduction of Temporary Quantitative Restriction on Export of Separate Types of Fertilizers"](https://feedsoft.ai/events/30658-order-of-the-government-of-the-russian-federation-about-introduction-of.md) | -7.7% | -6.1% |
| UREA | 2022-04-07 | [Russia to keep fertiliser export quotas until next spring 07.04.2022 - UkrAgroConsult](https://feedsoft.ai/events/41770-russia-to-keep-fertiliser-export-quotas-until-next-spring-07-04-2022.md) | -0.3% | -20.6% |
| UREA | 2021-10-19 | [China's curbs on fertiliser exports may affect India, says report \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/44477-china-s-curbs-on-fertiliser-exports-may-affect-india-says-report-economy-and.md) | -2.5% | +10.5% |
| DAP | 2023-08-31 | [Russian Cabinet sets export duties for fertilizers from September 1 -  Business & Economy - TASS](https://feedsoft.ai/events/34497-russian-cabinet-sets-export-duties-for-fertilizers-from-september-1-business.md) | -1.0% | +2.4% |
| DAP | 2023-05-29 | [The government has set quotas for the export of mineral fertilizers in June – November 2023 \| AKM EN](https://feedsoft.ai/events/35872-the-government-has-set-quotas-for-the-export-of-mineral-fertilizers-in-june.md) | -0.6% | -3.8% |
| DAP | 2026-07-29 | [China extends phosphate export curbs through August 2026 as Russia holds fertilizer quotas](https://feedsoft.ai/events/18268-china-extends-phosphate-export-curbs-through-august-2026-as-russia-holds.md) | +1.6% | +1.6% |

## Sources

- tass.com: https://tass.com/economy/1711029

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