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Chempricehub Reminder: Fengyuan Co., Ltd. Expands Lithium Iron Phosphate Production Capacity
Published on 2026-02-06
February 6th News: Fengyuan Co., Ltd. recently stated that as of now, the company has built a total of 225,000 tons of lithium iron phosphate production capacity, with an additional 75,000 tons of capacity currently under construction. The capacity is distributed across the company's three bases in Zaozhuang, Yuxi, and Anqing. Chempricehub's analysis of lithium iron phosphate, with a long-short rating: -1. Fengyuan Co., Ltd. announced that it has completed 225,000 tons of production capacity and added 75,000 tons of capacity under construction, significantly expanding the supply side. In the short term, this may lead to oversupply in the spot market, increasing downward pressure on prices. This news reflects the industry's capacity expansion trend, which is bearish for spot prices, rating -1.0 (generally bearish) based on the weakening supply-demand balance due to increased supply.