Iodine consumers lock in contract volumes at above spot prices for first time in two years

By Michael Greenfield, Michael Greenfield
Published: Friday, 30 November 2018

Quarterly contract prices in the iodine contract market have exceeded spot market levels for the first time in almost two years.

The contract iodine price has edged above spot market levels for the first time since January 2017 after consumers accepted offers at $27.50 kg for the first quarter in an undersupplied market.

Iodine prices have steadily risen since August 2017 with global sales exceeding production levels, causing a 28%...