Industrial Minerals


Iodine prices see upward pressure as China “wakes up”

05 March 2013

by Laura Syrett

South American production poised to ramp up further in 2013

Keywords: iodine, prices, China, Europe, South America, Chile, SQM, ACF Minera, Cosayach, Sirocco, SCM Bullmine, exports

Prices for iodine (crystal, 99.5% min) have edged up slightly from a range of $56-65/kg to around $59-65/kg for both spot and contract orders, sources have reported to IM.

Europe-based contacts said that they had observed this firming-up at the lower end of IM’s price ranges for iodine, although top prices being paid for the mineral had not broken the $65/kg mark.

Some South American sources placed prices $10/kg above IM’s current ranges, although North American and European contacts said that such prices were unrealistic for large, regular orders.

The slight uptick in iodine has been attributed to a predicted revival of buying activity in China after the country returned to...