Yuntu Holdings: The phosphate iron industry is expected to show strong resilience in its development next year.
Yuntu Holdings stated during an institutional research survey on November 5 that from the demand side, with the continued expansion of the new energy vehicle market and the energy storage market, demand for lithium iron phosphate batteries is expected to maintain growth, thereby driving increased demand for upstream iron phosphate. On the supply side, the iron phosphate market is currently in a state of tight balance. Overall, the iron phosphate industry is expected to show strong resilience in its development next year, but industry supply and market competition conditions also warrant attention and monitoring. The company will fully leverage the advantages of its integrated phosphorus chemical industry chain, continue to do a good job in product quality management and customer development, and seize industry development opportunities.
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