# Mosaic Says Rising Potash/Phosphate Prices Boosted Net Sales | INN

> Mosaic reported that higher potash and phosphate prices lifted its Q4 2017 net sales 12% to $2.1 billion. Its DAP averaged $348/t, up from $317/t, and potash averaged $188/t, up from $169/t. Arab Potash also reported record sales and higher profits, driven by demand from China and India.

- Date: 2018-02-20 · published 2018-02-20T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/66438-mosaic-says-rising-potash-phosphate-prices-boosted-net-sales-inn
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Rising realized phosphate and potash prices across major producers confirm firm fertilizer pricing, which raises crop production costs and supports prices for the feed-grain complex.

## Read by commodity

- DAP: bullish ▲
- POTASH: bullish ▲

## Sources

- investingnews.com: https://investingnews.com/daily/resource-investing/agriculture-investing/phosphate-investing/mosaic-rising-potash-phosphate-prices/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.