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Chempricehub Key Reminder: Russian Restrictions on Fertilizer Exports Drive Up Prices
Published on 2026-03-25

March 25th News — On March 24th, it was reported that Russia has restricted the export of certain fertilizers from March 21st until April 21st to ensure spring field operations. Chempricehub's analysis of urea shows a long-short score of 1.5. Russia's restriction on urea exports reduces global supply, coinciding with the peak demand season for spring field operations, and spot prices are expected to rise. In the futures market, although the price of the main urea contract (such as the 2605 contract) has recently experienced a slight decline, favorable policies will support the upward movement of futures prices, strengthening the bullish trend in the future. For ammonium sulfate, the long-short score is 1.5. Export restrictions have led to tight supply of ammonium sulfate, and increasing agricultural demand in spring will drive spot prices higher. Monoammonium phosphate has a long-short score of 1.5. The supply of monoammonium phosphate is reduced due to Russia's export policy, coupled with the peak demand in spring, which significantly benefits spot prices.

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