January 27th — On January 26th, Xingfa Group announced that the company currently has an annual thermal phosphoric acid production capacity of 150,000 tons, with plans to increase it to 225,000 tons/year by 2026. The capacity utilization rate is expected to exceed 70% in 2025. Chempricehub’s analysis of phosphoric acid indicates a bearish score of -1.5. Xingfa Group plans to raise its thermal phosphoric acid capacity from 150,000 tons/year to 225,000 tons/year, a 50% increase, with completion expected by 2026. The capacity utilization rate exceeding 70% in 2025 reflects strong current demand. However, the future supply increase may outpace demand growth, raising the risk of market oversupply and exerting significant downward pressure on spot prices of phosphoric acid.