Iodine market seeks safety in contract business as spot prices weaken
Published: Friday, 28 August 2020
The monthly contract iodine price was steady in August, while the weekly spot iodine price softened over the past week amid a drop in trading volumes due to a continued decrease in consumption.
Fastmarkets’ price assessment for iodine,
99.5% min, contract, delivered United States/Europe, cif
Asia was $34-37 per kg on Thursday August 27, unchanged for
a second month in a row.
Industry participants noted a change in market dynamics in
recent months due to the Covid-19 pandemic.
Chilean iodine producer...