IODINE MONTHLY UPDATE: ‘Hand-to-mouth’ sourcing for customers amid logistics problems
Published: Tuesday, 07 September 2021
Iodine spot prices continued to rise in August 2021, with tightness increasing because of the continuing global logistics difficulties. Customers were being forced to wait and could build up their inventories to mitigate future risks.
The spot price for iodine 99.5% min, spot, delivered US/Europe,
cif Asia, showed an uptick to $36.00-39.00 per kg in
Fastmarkets’ weekly assessment on August 19, where
the price has remained since. It was previously $35.00-38.50
Tightness on the spot market intensified...