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
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.