[Phosphorus Chemical Industry: Wengfu's Wet-Process 85 Phosphoric Acid Rose by 700 yuan/mt Within Half a Month, Pushing Iron Phosphate Production Costs Higher Under Pressure] On March 16, 2026, SMM reported that phosphorus giant Wengfu Group raised the ex-factory price of wet-process 85 phosphoric acid by 200 yuan/mt yesterday. Wengfu implemented a "price adjustment on every 5th" mechanism (the 5th, 15th, and 25th of each month). This marked the second price adjustment in March, bringing the cumulative increase to 700 yuan/mt (it had already increased by 500 yuan/mt on March 5). The continued increases in phosphoric acid prices brought significant cost pressure to new energy enterprises, while the production costs of iron phosphate via the iron-process and sodium-process routes rose by several hundred yuan accordingly.

[Phosphorus Chemical Industry: Tinci Materials Plans to Invest 2.1 Billion Yuan to Build the Yichang New Energy Industrial Park, With 1 Million mt of Iron Source and 300,000 mt of Iron Phosphate] On March 9, 2026, Tinci Materials (002709) announced that, to strengthen its strategic layout in lithium-ion battery materials, the company plans to build a new energy materials industrial park in Yichang, Hubei, through its wholly owned subsidiary Tinci Materials (Hubei) Co., Ltd. The project is expected to have an annual capacity of 1 million mt of iron source and 300,000 mt of iron phosphate, with total investment expected not to exceed 2.1 billion yuan.

Geopolitical conflict in the Middle East led to a blockade of the Strait of Hormuz, cutting off the global sulphur supply chain (China’s import dependence exceeds 50%, with the Middle East accounting for 56%). Sulphur prices surged to 4,395 yuan/mt, directly pushing up phosphate fertiliser costs. Rigid demand from spring ploughing provided support, but China’s policies to ensure supply and stabilise prices curbed phosphate fertiliser gains。

[Transaction Information on Molybdenum Concentrates] SMM News on March 4: A molybdenum concentrates enterprise in Jiangxi sold 40%–45% molybdenum concentrates, with copper averaging 1.985% and phosphorus averaging 0.068%. The transaction price was 4,450 yuan/mtu, with a bidding floor price of 4,410 yuan/mtu. Payment terms were 35% cash and 65% acceptance, and the volume was 320 mt.

At the Battery Materials Forum of the CLNB 2025 (10th) New Energy Industry Chain Expo hosted by SMM Information & Technology Co., Ltd. (SMM), Songhua Zhou, General Manager of Guizhou Phosphate Chemical New Energy Technology Co., Ltd., discussed the topic of "Phosphorus-Driven New Energy Technology Innovation for a Green Future—Phosphorus-Based Materials Empowering High-Quality Development of the New Energy Industry."

Yuntou Holdings Phosphorus Iron Project Progress: 50,000 tons of phosphorus iron + 150,000 tons of purified wet-process phosphoric acid. Yuntou Holdings responded to investors' questions, stating that the 50,000 tons of phosphorus iron and 600,000 tons of slow-release compound fertilizer at the Jingzhou base have been completed and put into production. The front-end supporting facilities, including 1.5 million tons of phosphate ore dressing, 300,000 tons of wet-process phosphoric acid, 150,000 tons of refined phosphoric acid, and 1 million tons of sulfuric acid production, have also been put into production successively. The construction of the remaining projects will be reasonably arranged based on actual conditions. Yuntou's future plans include the utilization of phosphoric acid grading to connect the phosphorus iron and compound fertilizer production lines, maximizing resource utilization and significantly reducing costs.

【Lithium iron phosphate important raw material phosphorus price adjustment related: Phosphoric acid price down by 300】First quoted price in 2024, the top phosphorus chemical enterprise reduced the ex-factory price of phosphoric acid. In the market, the price of wet-process phosphoric acid (85%) followed suit, with an overall decrease of 300 yuan/ton, with ex-factory prices ranging from 5500-5900 yuan/ton. This large-scale phosphorus chemical enterprise generally announces phosphoric acid product prices on the 5th, 15th, and 25th of each month.

【Lithium Iron Phosphate: Guizhou Phosphorus and Chemical Group Launches New High-Performance Lithium Iron Phosphate Energy Storage Material】August 29, 2024 - Guizhou Phosphorus and Chemical Group announced the launch of a brand-new high-performance lithium iron phosphate (LFP) energy storage material. The new product boasts a significantly enhanced energy density, superior low-temperature performance, and exceptional overall efficiency. These improvements enable it to better meet the stringent requirements of LFP producers in terms of raw material stability, consistency, and high activity. The first batch of 16 tons of the product has been successfully shipped.

After the Chinese New Year, iron phosphate prices rose by 100 yuan/mt, but the increase has yet to be implemented. Upstream phosphoric acid then suddenly jumped by 500-700 yuan/mt, directly wiping out the entire increase and even turning it into a loss.

Hunan Yuneng Phosphorus Resource Layout: Phosphorus mine exploration and development to be advanced in Guizhou. According to the investor relations activity records disclosed by Hunan Yuneng, the company has already laid out phosphorus resources in Guizhou, which is an important step towards the company's industrial integration. Next, the company will fully promote the progress of phosphorus mine exploration and development, and exploration-to-mining conversion.