Russia’s Federal Antimonopoly Service (FAS) has confirmed that maximum fertilizer prices will remain at 2022 levels throughout 2026, with no indexation planned. The decision is aimed at supporting domestic farmers and ensuring affordable access to agricultural inputs. Producers originally set price caps back in 2021, with the only indexation taking place in 2022. Since then, fertilizer prices have been held unchanged — a rare example of long-term tariff restraint amid ongoing inflation. According to the FAS, the policy is designed to maintain stability in the agricultural sector, as rising fertilizer costs would directly increase crop production expenses.
In parallel with the price caps, Russia has extended restrictions on fertilizer exports until November 30, 2026. These export limitations are intended to guarantee that the domestic market receives sufficient supply, allowing farmers to plan planting campaigns without the risk of sudden cost spikes. The FAS emphasizes that price containment does not lead to shortages — producers continue shipments within established limits. The price cap mechanism covers the main types of mineral fertilizers used in crop production and serves as a balancing tool between business interests and the needs of agricultural producers. Regular monitoring ensures compliance, and the regulator stands ready to adjust its approach if systemic risks arise.
