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European fertiliser producersEU Today – Homepage - https://eutoday.net
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77% Informative
Russian fertiliser exports to the European Union surged by an impressive 43% year-on-year in August 2024 , reaching 3.3 million tons .
In terms of monetary value, these exports rose by 32% , generating approximately 1.1 billion ( $1.21 billion ) This growth underscores Russia ’s continuing role as a key player in the global fertiliser market, particularly in light of the challenges faced by European producers.
As long as energy costs remain high in Europe and supply chain issues persist, the EU is likely to continue its reliance on Russian fertilisers.
For Russia , this presents an opportunity to bolster its position as a dominant global exporter of fertilisers, particularly to markets that are grappling with supply shortages.
The situation highlights the EU ’s vulnerability to external supply shocks.
VR Score
84
Informative language
88
Neutral language
29
Article tone
formal
Language
English
Language complexity
71
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
7