Rosiyskie fertilizer rush abroad

Proizvodstvo26-01-2009 Rosiyskie fertilizer rush abroad for the Ministry of Industry suggested zero export duty on minerals and fertilizers to boost their production. The financial crisis has seriously affected the producers of fertilizer. Most of all they have suffered from declining demand. Representatives of Industry and Trade of Russia on the meeting, chaired by Prime Minister Vladimir Putin offered to clear the export duty on minerals and fertilizers to boost their production. "Since last year we introduced the (export) duties as a commodity, and the production of fertilizers, we propose not to renew the fee and, accordingly, their zero - back to the level of early 2008," - said Deputy Industry and Trade Ministry Denis Manturov, keywords quoted by the Itar-Tass. In response to this proposal Vladimir Putin said that the possible reset of export duties on minerals and fertilizers must be accompanied by guarantees their deliveries to the domestic market in accordance with existing arrangements. Vladimir Putin has expressed fears that the abolition of export duties: "the goods will go there, where it will be worth more." In fact, according to D. Manturova, world prices for the products of this industry exceeds the internal (ie, for domestic consumers) by 25-30%. What is the position in the industry and whether or not companies need to abolish the export duty, Bigness.ru sorted out in an expert of.