When surveyed by the agency on November 5, Yuntu Holdings said that from the demand side, demand for lithium iron phosphate batteries is expected to continue to grow as the NEV market and energy storage market continue to expand, thus driving an increase in upstream iron phosphate demand. On the supply side, the iron phosphate market is currently in a tight balance. Overall, the development of the iron phosphate industry is expected to be quite resilient next year, but the supply and market competition situation in the industry is also worth paying attention to and tracking. The company will give full play to the advantages of the integrated phosphorus chemical industry chain, continue to do a good job in product quality management and customer development, and seize industry development opportunities.

When surveyed by the agency on November 5, Yuntu Holdings said that from the demand side, demand for lithium iron phosphate batteries is expected to continue to grow as the NEV market and energy storage market continue to expand, thus driving an increase in upstream iron phosphate demand. On the supply side, the iron phosphate market is currently in a tight balance. Overall, the development of the iron phosphate industry is expected to be quite resilient next year, but the supply and market competition situation in the industry is also worth paying attention to and tracking. The company will give full play to the advantages of the integrated phosphorus chemical industry chain, continue to do a good job in product quality management and customer development, and seize industry development opportunities.