Chempricehub, November 9 – Recently, Yuntu Holdings stated that from the demand perspective, as the new energy vehicle and energy storage markets continue to expand, the demand for lithium iron phosphate (LFP) batteries is expected to maintain growth, thereby driving an increase in upstream LFP demand. On the supply side, the current LFP market is characterized by a tight balance. Overall, the LFP industry is projected to demonstrate strong resilience next year.
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