The Black Sea wheat trade: Navigating political turmoil and supply shortages
Commodities Focus
00:00
Do You See Sanctions on Russian Fertilizers in 2023?
Before the war around 2 million tonnes of rascia, ammonia was exported per year via the using report in Ukraine. The pipeline acts on passes through eastern Ukraine and I can imagine both sides working to avoid any sort of catastrophe as ammonia is pretty a hazardous liquid. We think the scope of the Black Sea grain initiative to restore rascia and ammonia exports via Ukraine was quite close but there has been no further updates since then.
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