Upper Potash manufacturer Nutrien misses first quarterly profit calculations in low prices

(Reuters) -Nutrien fell short of Wall Street expectations for the winner in the first quarter of the first quarter on Wednesday, because the potash manufacturer was affected by low prices and higher energy costs.

The trade tension between the United States and China, US President Donald Trump’s tariffs, will increase in the prices of farmers in recent months, and demand for fertilizers in the period.

The quarterly net sales price for North America for potash has been up to 243 to 243 to $ 243, the main profit for the segment fell from about 16% to $ 446 million.

The higher energy costs in the nitrogen segment increased the cost of $ 663 million in the price of goods costs in the quarter.

The regulated basic profit fell about 12% to $ 408 million.

In the last few quarters, the average natural gas prices have increased and supported the LNG export facilities on March 10 with a strong demand and the summer season.

Nutrien’s quarterly income, wet weather conditions in North America, and affected the suspended area operation in South America.

The company’s quarterly sales for the company’s nutrients decreased by $ 8.19 billion to $ 8.19 billion, and the sale for the product protection products decreased by 12.7% in the level of $ 972 million.

Earlier this year, Nutrien’s Brazilian section, fertilizer plants in the country, after receipt, after the purchase, he could not give the expected returns through local retailers.

Saskatoon, a Canadian-based company, according to the information compared to LSEG, sent a profit of 31 cents in the middle of the analysts 31 cents in March 31, 31 cent.

(Reporite by Dhual Dhull in Bangalu;