Sergey Kondratiev, Deputy Head of the Economic Department of the Institute for Energy and Finance, commented to the electronic edition “Eurasia. Expert” on the supply of potash fertilizers from Belarus.
- Sergey Vadimovich, what damage can the cessation of transit through Ukrainian railways bring to Belarusian exporters?
– What could be the consequences of not fulfilling the supply plan?
- Now it is difficult to talk about specific figures of damage, because the Lithuanian direction was the main one for Belarus, and at the time Minsk is trying to make sure that all deliveries go through Russia. I think that potentially closing the possibility of transit through Ukraine can hit Belarus in the sense that the field of opportunities is shrinking. The second point is that in Russia there is still a shortage of capacities for transshipment of fertilizers.
– If Belarus fails to fulfill its contracts for the supply of potash to consumers in East Asia, China, India and Latin America precisely because of these logistical difficulties, then this niche is unlikely to be quickly filled. We are now faced with a situation where, in general, there is no excess supply on the market and there is quite a serious demand.
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