
Ukraine imposed three-year sanctions on major Russian fertilizer producers including PhosAgro, EuroChem, and Uralchem under Presidential Decree No. 126. The sanctions block assets and restrict trade operations for companies including Nevynnomyssky Azot, Novomoskovsk Azot, and Dorogobuzh.
Sanctions remove several large Russian nitrogen and phosphate suppliers from Ukraine's market, tightening regional supply and supporting fertilizer prices.
After 205 past bullish geopolitics events, Urea moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.0%), and -0.4% over 20.
After 114 past bullish geopolitics events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.3% to +1.2%), and +0.3% 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.