8 Aug 2022 16:59

Russia imposes sulphur export quotas through end-2022

MOSCOW. Aug 8 (Interfax) - Russia introduces quotas on the export of sulphur, one of the raw materials for production of mineral fertilizers, for the period from August 10 to December 31, 2022 in the amount of 1.1 million tonnes.

The relevant government decree was published on the official legal information website.

The quotas do not apply to sulfur produced outside the Eurasian Economic Union before August 10, with an order for delivery by ship or accepted by Russian Railways for transportation. Furthermore, sulphur exported to the Donetsk and Lugansk People's Republics, Abkhazia and South Ossetia are not subject to the quotas.

The Industry and Trade Ministry and the Energy Ministry have been instructed to distribute export quotas among sulphur producers by August 9 by issuing them the appropriate licenses.

In addition, the decree fixes maximum prices for sulphur supplied to fertilizer producers at a level no higher than average prices of May-July 2021 on FOB terms (similar to prices for mineral fertilizers).

According to Russia's Federal Antimonopoly Service (FAS), 80% of sulfur in the industry goes towards production of sulfuric acid and almost 80% of sulfuric acid is used to produce fertilizers.