Iodine price spikes on panic buying of radiation pills

By Mark Watts
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.

KI tablets...

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