The harvest of Russian farmers was under threat due to the energy crisis in Europe, which led to a shortage of mineral fertilizers produced by European companies. This is stated in the article RIA News…
European manufacturers massively reduce or even suspend production due to high prices for the fuel needed to create fertilizers, since the cost of their products is based on the gas component. And in the foreseeable future, according to the author of the article, there are no positive prospects for them.
Analysts suggest that European farmers, faced with an acute shortage of fertilizers, will start buying them from Russia. This situation may prove beneficial for the Russian chemical industry, which has more affordable raw materials at its disposal. However, experts also note the risks that domestic farmers may face.
Russian producers will be interested in maximizing sales in premium markets with high prices, but this could lead to a drop in the domestic harvest. The author of the article notes that in this perspective, the state needs to carefully monitor the situation in order to derive a double benefit from the current situation.
Previously, Associate Professor of the Department of Finance and Prices of the PRUE. G.V. Plekhanova Maria Dolgova named three goods to the Prime Agency, the prices of which will be stable in the near future and will not rise due to increased supply or low demand. According to her, apples, building materials and tourism services will not rise in price in Russia.
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