On February 5, Yuntu Holdings announced that to deepen its phosphorus industry chain layout of "phosphate rock—phosphoric acid—ferric phosphate/compound fertilizer," it is advancing the construction of the first phase of the phosphorus chemical green circular economy project at its Yicheng base in Hubei. Currently, the annual 600,000-ton sulfur-based sulfuric acid project has commenced production, the 200,000-ton phosphorus-based flame retardant project has entered the trial production stage, and projects such as the 150,000-ton pure iron-based ferric phosphate and 150,000-ton food-grade refined phosphoric acid are progressing as planned.

PriceSeek Analysis
Sulfuric Acid, Bull-Bear Score: -1
The article mentions that the annual 600,000-ton sulfur-based sulfuric acid project has commenced production, directly increasing sulfuric acid market supply, which may put downward pressure on spot prices. The supply expansion could exacerbate market oversupply in the short term, suppressing price rebounds, representing a generally bearish influence.

Phosphoric Acid, Bull-Bear Score: -1
The 150,000-ton food-grade refined phosphoric acid project is advancing, reinforcing expectations of future supply increases. Combined with Yuntu Holdings' overall phosphorus industry chain layout, this may intensify competition in the phosphoric acid spot market. The additional supply could limit upward price potential, representing a generally bearish influence.

Ferric Phosphate, Bull-Bear Score: -0.5
The 150,000-ton pure iron-based ferric phosphate project is progressing, with expectations of increased supply putting pressure on spot prices. However, strong demand growth for ferric phosphate in the new energy battery sector may partially offset downside risks. Overall, supply expansion brings a slightly bearish influence, with prices potentially trending weaker with fluctuations.