TAD NewsDesk, Moscow: An analyst at Argus Irina Kuguchina during the 4th International Conference on “Argus Fertilizers 2020: Russia, CIS countries and Baltic” said, “By the end of 2020, the production of ammonium nitrate may reach 10 million tons in Russia.”
As per her report, the manufacturing of the carbamide-ammoniac compound and ammonium sulphate will surpass 3 million and 1.1 million tons, sequentially. Simultaneously, the utilization of ammonium nitrate in Russia may touch 6.5 million tons, the carbamide-ammoniac compound exceeding 1 million tons, and the utilization of ammonium sulphate 400 thousand tons.
The production of mono ammonium phosphate and diammonium phosphate presently may extend the level of 4.6-4.7 million tons, while the demand might increase up to 3.5 million tons.
Additionally, there are fascinating variations in the Russian mineral fertilizer market. As Tatyana Grebennikova, the Head of the Marketing Department of EuroChem Trading Rus, recorded, there is a constant increase in transactions of the carbamide-ammoniac compound. In 2005, only 23 thousand tons were sold. Though in 2019, the trades were raised to 500 thousand tons. In 2020, the transactions of the carbamide-ammoniac compound are predicted at around 650 thousand tons.
Nonetheless, the need for liquid mineral fertilizers (the carbamide-ammoniac compound is also a part of them) is contrived by various factors. Amid them, we can record the insufficiency of logistics capabilities and experience of their mass application, in addition to the standardize about their high cost.
The utilization of nitric-lime fertilizers is also abided to the same level because of the habit of domestic customers to assess agrochemicals by their price rather their efficacy. Nevertheless, there are substantial possibilities for their application.