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Value of Russian potash exports declines 40% in 2013

4:37 AM MST | February 14, 2014 | Natasha Alperowicz

Exports of potash fertilizers from Russia in 2013 were down both in volume and value terms, according to the Federal Customs Service (Moscow). Export volumes were down 29.6% on the year-earlier figure, to 6.32 million m.t. The value of export sales was down 40%, to $2.19 billion. Uralkali (Berezniki) is the only producer and the largest potash player in capacity terms, with a share of about 20% of global production.    Uralkali last year caused turmoil in the global potash market when it decided to pull out of its marketing and distribution venture with...

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