# Session to discuss development prospects of OAO Grodno Azot | Official Internet Portal of the President of the Republic of Belarus

> Belarus President Lukashenko held a session on the development prospects of state nitrogen fertilizer producer Grodno Azot and ruled out loss-making, subsidized projects. The government is weighing deep modernization of existing plants or building a new nitrogen complex. Lukashenko said more than half of the plant's output goes to domestic farms.

- Date: 2018-05-10 · published 2018-05-10T12:00:00.000Z
- Category: policy · region Belarus · magnitude low
- Page: https://feedsoft.ai/events/65339-session-to-discuss-development-prospects-of-oao-grodno-azot-official-internet
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Any modernization or new nitrogen capacity would affect future Belarusian urea and ammonia supply, but no decision or timeline has been set. The near-term price impact on nitrogen fertilizer is minimal.

## Read by commodity

- UREA: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2024-01-22 | [Congress Needs to Get Creative to Boost Reference Prices, Crop Insurance and Disaster Aid](https://feedsoft.ai/events/32101-congress-needs-to-get-creative-to-boost-reference-prices-crop-insurance-and.md) | +12.6% | +13.1% |
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| UREA | 2021-04-14 | [Press Release:Press Information Bureau](https://feedsoft.ai/events/47542-press-release-press-information-bureau.md) | +1.5% | +0.7% |
| UREA | 2023-01-01 | [A Trade Hope: The impact of the Black Sea Grain Initiative \| UNCCD](https://feedsoft.ai/events/14424-a-trade-hope-the-impact-of-the-black-sea-grain-initiative-unccd.md) | -7.1% | -21.7% |
| UREA | 2023-12-01 | [Urea Monthly Review: Supply Guarantee Policies Affect Market, Urea Prices Under Upward Pressure](https://feedsoft.ai/events/10280-urea-monthly-review-supply-guarantee-policies-affect-market-urea-prices-under.md) | -2.0% | -5.1% |

## Sources

- president.gov.by: https://president.gov.by/en/events/session-to-discuss-development-prospects-of-oao-grodno-azot-18680

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