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The Federation of Employers of Ukraine warned that without import quotas, Ukraine could face a monopoly on fertilizer imports from Russia. The group argues for protecting domestic fertilizer production, citing jobs and the chemical industry's multiplier effect.
The proposal was discussed at a Ministry of Economy meeting.
If quotas are introduced, import flows and domestic fertilizer prices in Ukraine could shift. The effect on global nitrogen prices would likely be limited.
ukranews.comZubkova DariaMay 29, 2020After 199 past policy events, Urea moved a median -0.5% over 5 sessions (43% higher; middle half -2.0% to +1.9%), and -0.5% over 20.
Not enough comparable past events yet for a historical read.
After 250 past policy events, DAP moved a median +0.1% over 5 sessions (53% higher; middle half -0.6% to +1.3%), and +1.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
