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Iodine
Iodine Prices | Historical and Current
Iodine
Iodine
Iodine
I

About Iodine. Iodine (a.k.a. I) is a halogen and its pure form consists of blue to black scales or plates having a metallic luster, with a characteristic odor and acrid taste. It was discovered at the beginning of the nineteenth century, but it was first commercially exploited in 1916. Iodine can be found in small quantities in lots of places in nature, such as waterbodies, rocks, soils, plants, animal tissue, and others.

Chile possesses substantial Iodine reserves linked to sodium nitrate deposits and boasts the world's largest iodine production capacity. As the foremost Iodine producer globally, Chile accounts for over 60% of worldwide production. Following Chile, Japan, and the USA are significant Iodine producers. In Japan, Iodine production is primarily a by-product of natural gas extraction from underground brines found in gas fields. Japan contributes approximately 30% of the global iodine output. In the USA, Iodine is acquired through both blowing-out and adsorption processes.

Iodine Handling. Iodine is transported in packed fiber drums, lined with double-ply polyethylene, that contains 10, 25, or 50 kg. Iodine is easily lost by sublimation. In low temperatures, vapor pressure reduces, decreasing the rate of loss, therefore, storage in cool and well-ventilated areas is recommended. There are no specific transportation, shipping, or safety requirements.

Iodine Production. Raw materials and the respective production processes employed in the manufacturing of Iodine are listed below.

  • Chile Salpeter (calcium/sodium iodate is treated with sodium bisulfite producing iodine),
  • Brine + chlorine + hydriodic acid + sulfuric acid (blowing-out process),
  • Brine + chlorine + hydriodic acid + sodium hydroxide (adsorption process)

Iodine Uses. The uses and applications of Iodine may vary according to its specification. The main forms of Iodine are commercial crude grade (99.5% minimum purity) and United States Pharmacopeia (USP, 99.8% minimum purity) grade.

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Prices

Iodine Prices | Historical and Current

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Monitor monthly Iodine price assessments covering 5 locations: United States, Europe, South America, China and Northeast Asia. Also check Iodine 10-year price history.

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Data Legend. The chart above shows Iodine price assessments in USA Dollar per metric ton (USD/mt) in 5 locations, as follows:

  • Iodine, US (United States): Iodine, import transaction price, cif, United States
  • Iodine, EUR (Europe): Iodine, export transaction price, fob, Belgium
  • Iodine, SAM (South America): Iodine, export transaction price, fob, Chile
  • Iodine, CN (China): Iodine, import transaction price, cif, China
  • Iodine, NEA (Northeast Asia): Iodine, export transaction price, fob, Japan

Data Use. Iodine prices are provided as an annual subscription where subscribers have access to reliable pricing data of 224 commodities worldwide. Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies. This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology .

Data Delivery Methods. Iodine price assessments are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); (iii) in Power BI dashboards or (iv) a web API (to facilitate integration with existing workflows).

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Iodine Price Outlook. The price of Iodine (United States) was flat during November 2019. On a year-over-year basis, the prices of Iodine (United States) increased significantly by 16%. Meanwhile, the average price of Iodine (China) amounted to 28,800 USD per metric ton, from 23,700 USD per metric ton one year earlier. On a month-over-month basis, the price of Iodine (China) is 0.7% lower than the price one month before.

The price of Iodine (Europe) declined slightly throughout November 2019, reaching 28,800 USD per metric ton.  The price is 0.7% lower than the average price in the previous month and 21% higher than the average price one year before. In contrast, the prices of Iodine (Northeast Asia) increased during November 2019, reaching 25,100 USD per metric ton, which means a rise of 5% from the previous month’s price and a rise of 15% from the previous year’s price. 

The prices of Iodine (South America) experienced a modest rise of 700 USD per metric ton from the prior month's price, to 28,100 USD per metric ton. Such price movement meant a rise of 3% on a monthly basis and a rise of 24% on a yearly basis.

About Iodine. Iodine (a.k.a. I) is a halogen and its pure form consists of blue to black scales or plates having a metallic luster, with a characteristic odor and acrid taste. It was discovered at the beginning of the nineteenth century, but it was first commercially exploited in 1916. Iodine can be found in small quantities in lots of places in nature, such as waterbodies, rocks, soils, plants, animal tissue, and others.

Chile possesses substantial Iodine reserves linked to sodium nitrate deposits and boasts the world's largest iodine production capacity. As the foremost Iodine producer globally, Chile accounts for over 60% of worldwide production. Following Chile, Japan, and the USA are significant Iodine producers. In Japan, Iodine production is primarily a by-product of natural gas extraction from underground brines found in gas fields. Japan contributes approximately 30% of the global iodine output. In the USA, Iodine is acquired through both blowing-out and adsorption processes.

Iodine Handling. Iodine is transported in packed fiber drums, lined with double-ply polyethylene, that contains 10, 25, or 50 kg. Iodine is easily lost by sublimation. In low temperatures, vapor pressure reduces, decreasing the rate of loss, therefore, storage in cool and well-ventilated areas is recommended. There are no specific transportation, shipping, or safety requirements.

Iodine Production. Raw materials and the respective production processes employed in the manufacturing of Iodine are listed below.

  • Chile Salpeter (calcium/sodium iodate is treated with sodium bisulfite producing iodine),
  • Brine + chlorine + hydriodic acid + sulfuric acid (blowing-out process),
  • Brine + chlorine + hydriodic acid + sodium hydroxide (adsorption process)

Iodine Uses. The uses and applications of Iodine may vary according to its specification. The main forms of Iodine are commercial crude grade (99.5% minimum purity) and United States Pharmacopeia (USP, 99.8% minimum purity) grade.

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