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Russia s Proposed 23 5% Export Duty On Fertiliser Will Increase India s Import Prices By $70/ton: Report

The proposed 23.5 per cent export duty on fertiliser exports by Russia will increase the cost for India by about $70 per ton, as per a report by Prabhudas Lilladher Pvt Ltd. In the research report, Prabhudas Lilladher said while the majority of Russian fertiliser exports are to Europe, there will be trickle down impact on India as well.

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