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Iodine contract prices drop as suppliers lock in volumes

By Myles McCormick
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.

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