Dynamics and research progress of phosphate related industries

Recently, there have been many important news in the field of Phosphate. In terms of international trade, on May 14, 2024, the United States initiated anti-dumping and countervailing investigations on alkyl phosphate esters imported from China at the request of a company, involving products under US Customs code 2919.90.5050. On November 26th, the US Department of Commerce made a preliminary anti-dumping ruling, determining that the dumping rate for Chinese manufacturers/exporters was between 164.29% and 269.60% On August 11, 2023, the European Union launched an anti-dumping investigation into alkyl phosphate esters originating in China, and made a final anti-dumping ruling on September 12, 2024, imposing anti-dumping duties ranging from 53.1% to 68.4% on the products involved. However, on July 12, 2024, the European Union terminated the anti-dumping investigation into alkyl phosphate esters originating in China

In the field of resource discovery, Norway has made significant discoveries, reportedly possessing a large amount of phosphate rock deposits that are sufficient to meet global battery demand for the next 50 or even 100 years. This discovery may change the global supply pattern of battery raw materials and bring new hope for the development of sustainable electric vehicles

In terms of corporate dynamics, Paradeep Phosphates in India has performed outstandingly, with its initial public offering earning a premium of 4.76% and successfully listing on the exchange. Canada's First Phosphate Corp has also made a new move, with its CEO attending a virtual investor conference on precious metals and critical materials on December 11, 2024 and delivering a speech. The company focuses on producing high-purity phosphate for the lithium iron phosphate (LFP) battery industry

In addition, in terms of scientific research safety assessment, on April 4, 2024, the European Union Scientific Committee on Consumer Safety issued a preliminary opinion on triphenylphosphate, stating that due to the inability to rule out its potential genetic toxicity risks, it is not possible to draw a safety conclusion for its use in nail products. These news reports all demonstrate the importance and attention of Phosphate in different fields, and the development trends of its related industries deserve continuous attention.