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 price history since 2007.
The chart below is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 224 commodities, including Iodine.
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); or (iii) a web API (to facilitate integration with existing workflows).
Intratec Primary Commodity Prices
Track global current prices of 224 commodities including Iodine
Current Monthly Prices
Price History & Forecasts
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Iodine Price Outlook. The price of Iodine (United States) increased during April 2019 to 25,400 USD per metric ton, which represents a rise of 5% compared to the previous month’s value. On a year-over-year basis, the prices of Iodine (United States) increased significantly by 18%. Meanwhile, the average price of Iodine (China) amounted to 25,700 USD per metric ton, from 21,600 USD per metric ton one year earlier. On a month-over-month basis, the price of Iodine (China) is 2% higher than the price one month before.
The price of Iodine (Europe) rose slightly throughout April 2019, reaching 27,800 USD per metric ton. The price is 2% higher than the average price in the previous month and 26% higher than the average price one year before. In contrast, the prices of Iodine (Northeast Asia) decreased modestly during April 2019, reaching 22,700 USD per metric ton, which means a decline of 2% from the previous month’s price and a rise of 10% from the previous year’s price.
The prices of Iodine (South America) experienced a modest decline of 100 USD per metric ton from the prior month's price, to 23,800 USD per metric ton. Such price movement meant a decrease of 0.4% on a monthly basis and a rise of 12% 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.