Huatai Securities: High Growth in Demand for Iron Phosphate Boosts Prosperity of the Phosphorus Industry Chain
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Author:小编   

The research report from Huatai Securities points out that the rapid growth in energy storage demand and the continuous expansion of downstream production capacity for lithium iron phosphate are driving sustained growth in the demand for iron phosphate. Affected by the price increases of raw materials such as ferrous sulfate and phosphoric acid, the price of iron phosphate is expected to start rising from the second half of 2025. It is anticipated that the operating rates of domestic iron phosphate enterprises will increase, with gradual improvements in profitability, particularly for enterprises using the iron-based process, as the price of raw material iron powder declines, leading to a more pronounced expansion in price differentials.