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The Ukrainian Agrarian Council opposed proposed restrictions on fertilizer imports from third countries other than Russia, which were discussed at a 3 March commission hearing. The group argues that replacing Russian supply with EU, Gulf, North African and other sources has been effective, and that new limits would raise prices and concentrate the market.
Import restrictions would shrink Ukraine's supply sources and raise domestic nitrogen prices. Higher costs cut fertilizer application and could affect Ukrainian grain yields.
uacouncil.orgMar 10, 2020After 129 past bullish policy events, Urea moved a median -0.1% over 5 sessions (47% higher; middle half -1.3% to +2.3%), and +1.4% 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.
