Iodine price spikes on panic buying of radiation pills
Published: Wednesday, 23 March 2011
Spot prices quoted at over $50/kg as Japanese nuclear crisis fears spread
Panic buying of potassium iodide (KI) tablets amid the Japanese
nuclear disaster has caused a spike the spot price of
industrial iodine, market sources told IM.
Iodine was quoted as selling for $40-50/kg, or even higher,
compared with an average price this year of about $33/kg.