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Russia reduced its fertilizer export quota by 6% to 18.8 million tonnes as nitrogen output fell. The available text provides no further details on the quota’s timing or product breakdown.
A smaller export allowance can tighten fertilizer availability for importers, while lower nitrogen output adds supply pressure. This could support prices for nitrogen fertilizers, particularly urea.
newsbase.comFSUOGMNov 8, 2026After 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.
