The spot price of iodine has continued to soar as the impact of the Japanese earthquake on 11 March exacerbated a tight supply situation in the market. The price of iodine (crystal, min 99.5%, drums), has risen to $55-60/kg, up from a range of $40-50/kg last week, market sources told IM. “[The price hike] is mainly due to less availability of the product from Japan, as a consequence of...