May 07 News: On May 6, Chuanheng Co., Ltd. stated that the company is conducting research in multiple areas, including ore mining, beneficiation and mineralogy, wet-process phosphoric acid and purified phosphoric acid production, phosphogypsum digestion and value-added development, and phosphorus-based new energy material development. As the entire industry advances technologically and phosphorus resources become increasingly scarce, technology will become a significant barrier to competition in the phosphorus chemical industry. Chempricehub's assessment of phosphoric acid: Bullish/Bearish Score: 1. The scarcity of phosphorus resources is becoming increasingly prominent, technological barriers in the phosphorus chemical industry are rising, and supply-side constraints are tightening, providing positive support for spot prices of phosphoric acid. Monoammonium phosphate (MAP): Bullish/Bearish Score: 1. Monoammonium phosphate is a phosphorus-based chemical product. The rising value of upstream phosphorus resources and increasing supply-side support for the industry are favorable for its spot price trend.