Iodine contract prices drop as suppliers lock in volumes
Published: Friday, 27 January 2017
Contract prices in January have followed the downward trajectory of the spot market. A push by some producers for buyers to lock in volumes at low prices is being welcomed by lower value-added markets such as salts and teat dip.
The price of
iodine contract deals in Q1 2017 has fallen, compared with
Q4 2016, tracking the spot price downward.
Contracts for iodine crystal (99.5%
min., drums, contract) traded between $19.5-21/kg, down
from a range of $20.5-22/kg previously, according to
IM’s latest assessment.