US ##ash producer Mosaic has reported a 12 % net increase in net sales to $ 2.09bn in Q4 as the company sold 2.5 million tonnes of diammonium phosphate in at $ 348 per tonne , compared to $ 317 per tonne the previous year . It sold potash for an average $ 188 per tonne , an increase from $ 169 the previous year . However , the company reported a net loss of $ 431.1 billion in Q4 , caused by a $ 458 m non - cash loss in relation to US tax legislation changes .
US phosphate producer Mosaic has reported a 12% YoY increase in net sales to $2.09bn in Q4 as the company sold 2.5 million tonnes of diammonium phosphate in at $348 per tonne, compared to $317 per tonne the previous year. It sold potash for an average $188 per tonne, an increase from $169 the previous year. However, the company reported a net loss of $431.1m in Q4, caused by a $458m non-cash charge in relation to US tax legislation changes.