Jin10 data reported on April 4th that Yuntu Holdings stated at the performance briefing that the price of phosphate rock will remain at a high level in 2024. With the continuous rise in demand from downstream phosphate fertilizers, phosphate chemical industries, and the new energy sector, there will be support for the price of phosphate rock. The industry is expected to maintain high prosperity, but market conditions are also affected by multiple factors such as policy adjustments and supply-demand changes, so investors are advised to pay attention to risks. After the company’s phosphate mining and selection project is put into production, achieving self-sufficiency in phosphate rock will significantly reduce the risk of fluctuation in raw material prices.