For the Quarter Ending June 2026
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Iodine Prices in APAC
- In Japan, the Iodine Price Index fell by 4.13% quarter-over-quarter, reflecting weaker export demand and ample supply.
- The average Iodine price for the quarter was approximately USD 72,700/MT across FOB Tokyo shipments.
- Stable brine extraction and smooth logistics kept Iodine Production Cost Trend flat, limiting upward pressure on FOB offers.
- Competitive Chilean supply compressed Japan's premium and influenced the Iodine Spot Price on global spot markets.
- Subdued downstream buying drove the Iodine Demand Outlook weaker, encouraging sellers to accept lower quotations.
- Inventory accumulation at destination hubs widened availability windows, softening the Iodine Price Index across Asian export lanes.
- Market commentary and the Iodine Price Forecast signal recovery as seasonal restocking may lift enquiries later.
- Major Japanese producers remained fully operational with no maintenance, supporting export availability and stable contract volumes internationally.
Why did the price of Iodine change in June 2026 in APAC?
- Ample brine supply and plant operations maintained export availability, removing urgency and pressuring prices lower.
- Weak spot demand from pharmaceutical and electronics buyers who worked down first-quarter inventories reduced procurement activity.
- Competitive Chilean offers and comfortable inventories increased seller flexibility, encouraging price concessions for FOB Tokyo shipments.
China
- In China, Iodine Price Index fell by 2.54% quarter-over-quarter, pressured by abundant imports curbing buying.
- Iodine Spot Price remained subdued as traders negotiated discounts amid comfortable bonded inventories and imports.
India
- In India, the Iodine Price Index fell by 2.52% quarter-over-quarter, reflecting comfortable port import availability.
- Iodine Spot Price softened as buyers delayed purchases, easing Iodine Price Index amid ample stocks.
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Iodine Prices in North America
- In North America, the Iodine Price Index remained firm during Q2 2026, supported by steady demand from pharmaceutical, healthcare, and electronics industries alongside tight global supply.
- The Iodine Spot Price remained stable to firm as procurement from pharmaceutical manufacturers, medical imaging companies, and electronics producers remained healthy despite balanced distributor inventories.
- The Price Index increased modestly in June 2026 due to higher import replacement costs, firm export quotations from Chile and Japan, elevated freight expenses, and sustained demand from pharmaceutical and medical applications.
- The Iodine Price Forecast remains stable-to-firm as robust consumption from healthcare, electronics, and specialty chemical industries is expected to support pricing over the coming quarters.
- The Iodine Production Cost Trend remained firm owing to higher brine extraction costs, energy prices, labor expenses, processing costs, and ocean freight charges.
- The Iodine Demand Outlook remained positive, driven by healthy demand from contrast media manufacturers, pharmaceuticals, antiseptics, LCD display components, fluorochemicals, and animal nutrition products.
- The Price Index recorded only moderate fluctuations because adequate distributor inventories partially offset higher import costs throughout the quarter.
- Stable downstream procurement and disciplined global supply maintained firm market sentiment across Q2 2026.
Why did the price of Iodine change in June 2026 in North America?
- Strong procurement from pharmaceutical, healthcare, and electronics industries supported the Iodine Spot Price, strengthening the Price Index.
- Higher import replacement costs, extraction expenses, and freight charges increased the Iodine Production Cost Trend, encouraging suppliers to maintain higher offers.
- Healthy consumption of contrast media, antiseptics, fluorochemicals, and LCD materials maintained a positive Iodine Demand Outlook, supporting firm market sentiment.
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Iodine Prices in South America
- In Chile, the Iodine Price Index fell by 2.5459% quarter-over-quarter, reflecting reduced spot enquiries globally.
- The average Iodine price for the quarter was approximately USD 73366.67/MT reflecting balanced export availability.
- Iodine Spot Price weakened as port inventories lengthened, tempering momentum in the Iodine Price Index.
- Iodine Price Forecast suggests marginal movements as balanced supply and cautious restocking govern near-term pricing.
- Iodine Production Cost Trend remained subdued due to steady caliche grades and contained energy costs.
- Iodine Demand Outlook remains steady with pharma imaging and nutrition sectors providing baseline consumption only.
- Competitive Japanese offers and export cover pressured Chilean sellers, weighing on the Iodine Price Index.
- Operational continuity at major caliche producers maintained supply, though selective maintenance could tighten export volumes.
Why did the price of Iodine change in June 2026 in South America?
- Increased export availability and port inventories eased seller urgency, reducing upward pressure on FOB offers.
- Stable caliche grades and recovery costs limited producers' need to raise offers amid softer enquiries.
- Competitive Japanese imports and cautious pharmaceutical restocking suppressed spot demand and curtailed pricing momentum globally.
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Iodine Prices in Europe
- In Europe, the Iodine Price Index remained firm during Q2 2026, supported by resilient demand from pharmaceutical and specialty chemical industries while the region continued to rely heavily on imported iodine.
- The Iodine Spot Price remained stable to firm as pharmaceutical, healthcare, and specialty chemical manufacturers maintained regular procurement while import availability remained balanced.
- The Price Index strengthened in June 2026 due to higher export prices from Chile and Japan, elevated freight rates, and stable downstream demand from medical imaging, pharmaceutical, and electronics sectors.
- The Iodine Price Forecast indicates a stable-to-firm market as healthy pharmaceutical consumption, growing healthcare demand, and balanced inventories continue to support pricing.
- The Iodine Production Cost Trend remained firm because of higher extraction costs, processing expenses, logistics costs, and increasing utility prices across the supply chain.
- The Iodine Demand Outlook remained positive, supported by sustained demand from pharmaceuticals, diagnostic imaging, antiseptics, fluorochemicals, LCD display materials, and specialty chemical applications.
- The Price Index experienced limited volatility because balanced inventories partially offset higher import replacement costs and consistent downstream procurement.
- Stable demand from healthcare and electronics sectors maintained favorable market conditions throughout the second quarter.
Why did the price of Iodine change in June 2026 in Europe?
- Higher export quotations from Chile and Japan, together with elevated freight costs, strengthened the Iodine Production Cost Trend, supporting firmer supplier offers.
- Stable demand from pharmaceutical manufacturers, diagnostic imaging producers, and specialty chemical companies supported the Iodine Spot Price, resulting in a higher Price Index.
- Europe's dependence on imported iodine increased replacement costs, allowing suppliers to maintain firm pricing despite balanced inventories.
For the Quarter Ending March 2026
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Iodine Prices inÌýAPAC
- In Japan, the Iodine Price Index rose by 1.42% quarter-over-quarter, driven by firmer export orders.
- The average Iodine price for the quarter was approximately USD 75833.33/MT and steady export-demand.
- Iodine Spot Price remained restrained; Iodine Production Cost Trend largely flat despite higher LNG surcharges.
- Iodine Demand Outlook points to cautious restocking by pharmaceutical buyers, modestly supporting Iodine Price Index.
- Iodine Price Forecast anticipates gains as export inquiries and controlled output tighten FOB-Tokyo volumes.
- Producer inventories at TokyoBay ran near routine levels, limiting seller leverage despite export demand.
- Scheduled pump maintenance reduced brine throughput briefly, tightening monthly availability and supporting upward price movement.
- Stable FOB terms and freight-conditions prevented volatility; logistics did not affect Iodine Spot Price.
Why did the price of Iodine change in March 2026 in APAC?
- Steady brine output paired with scheduled maintenance slightly tightened supply, supporting modest upward price pressure.
- Overseas buyers resumed measured restocking while domestic offtake remained limited, letting export orders drive prices.
- Higher LNG-driven utility surcharges nudged production costs upward, transmitting cost pressures into FOB-Tokyo offers.
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Iodine Prices inÌýSouth America
- In Chile, the Iodine Price Index rose by 3.83% quarter-over-quarter, reflecting export tightening and firm pharmaceutical demand.
- The average Iodine price for the quarter was approximately USD 75283.33/MT, reflecting inventory accumulation domestically.
- Iodine Spot Price tightened as suppliers withheld prompt cargoes ahead of wage talks, underpinning offers.
- Iodine Price Forecast indicates mild near-term softening then stabilization as restocking and contracts influence volumes.
- Iodine Production Cost Trend rose as LNG rose and ore grades fell, pushing cash costs higher.
- Iodine Demand Outlook remains firm from pharmaceutical and imaging sectors, sustaining exporters bargaining power and tight availability.
- Iodine Price Index dynamics reflected port inventory accumulation, steady run-rates, and strong forward orders internationally.
- Export logistics and permitting delays under Chile's Water Code constrained spot release, supporting stronger free-on-board offers.
Why did the price of Iodine change in March 2026 in South America?
- Lower ore grades and precautionary stock-building reduced spot availability before union talks, tightening March supply.
- Higher imported LNG prices raised processing costs, increasing production expenses and pressuring offers in March.
- Renewed pharmaceutical and contrast-media nominations boosted export demand, giving sellers leverage to lift FOB offers.
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Iodine Prices inÌýNorth America
- In the United States, the Iodine Price Index recorded a slight upward movement quarter-over-quarter, supported by stable import flows and steady demand from healthcare and industrial sectors.
- The average Iodine price trend reflected balanced market conditions, with consistent procurement activity from pharmaceutical and biocide manufacturers.
- Iodine Spot Price remained relatively stable through most of the quarter, with only minor firming observed toward March as inventories tightened marginally.
- Iodine Production Cost Trend increased slightly due to higher energy and transportation expenses, though overall cost pressures remained manageable.
- Iodine Demand Outlook indicated cautious but consistent restocking by end-users, particularly in medical and imaging applications.
- Iodine Price Forecast suggests modest upward support as reliance on imports and steady downstream demand limit downside risk.
- Inventory levels at key distribution hubs remained adequate but showed slight drawdowns toward the end of the quarter, influencing procurement strategies.
- Freight stability and predictable supply chains prevented major disruptions, keeping market volatility low.
Why did the price of Iodine change in March 2026 in North America?
- Slight inventory drawdowns and steady downstream demand tightened spot availability.
- Continued reliance on imports, particularly from Asia, supported firmer pricing sentiment.
- Incremental increases in logistics and energy costs contributed to mild upward pressure.
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Iodine Prices inÌýEurope
- In the European Union, the Iodine Price Index showed gradual strengthening over the quarter, driven by stable demand from pharmaceutical and specialty chemical sectors.
- The average Iodine price trend reflected steady procurement patterns, with buyers maintaining balanced inventory positions.
- Iodine Spot Price remained largely stable, with slight increases observed in March due to tightening import availability.
- Iodine Production Cost Trend rose marginally, influenced by elevated energy costs and regulatory compliance expenses.
- Iodine Demand Outlook improved moderately as healthcare and industrial applications sustained consistent consumption levels.
- Iodine Price Forecast indicates continued firmness supported by controlled supply and steady import dependency.
- Inventory levels at major storage and distribution points declined slightly toward the end of the quarter, shaping short-term buying activity.
- Logistics and freight conditions remained stable, limiting volatility in spot transactions.
Why did the price of Iodine change in March 2026 in Europe?
- Reduced import arrivals and slight inventory drawdowns tightened supply conditions.
- Stable demand from pharmaceutical and industrial sectors supported continued purchasing activity.
- Rising energy-related costs contributed to mild upward pricing pressure.
For the Quarter Ending December 2025
APAC
- In Japan, the Iodine Price Index rose by 4.38% quarter-over-quarter, driven by tight-supply and firm export-demand.
- The average Iodine price for the quarter was approximately USD 74771.67/MT, reflecting export-driven demand firmly.
- Iodine Spot Price remained firm as Chilean availability tightened and buyers prioritized Japanese high-purity cargoes.
- Iodine Price Forecast suggests mild near-term easing followed by gradual recovery as restocking resumes regionally.
- Iodine Production Cost Trend is elevated due to higher LNG-linked energy charges increasing utility expenses.
- Iodine Demand Outlook remains constructive with pharmaceutical and electronics sectors sustaining steady offshore procurement volumes.
- Iodine Price Index dynamics reflected inventory discipline and logistics premiums supporting FOB Tokyo offers firmly.
- Export demand and terminal-inventories remained pivotal, with shipping costs plus Chilean availability influencing Japanese export strategy.
Why did the price of Iodine change in December 2025 in APAC?
- Constrained brine-derived output and lean terminal stocks tightened supply, enabling sellers to sustain higher offers.
- Robust offshore pharmaceutical and electronics procurement increased competition for cargoes, supporting FOB Tokyo price resilience.
- Elevated LNG-linked utility costs and higher freight rates raised production and logistics costs, pressuring netbacks.
South America
- In Chile, the Iodine Price Index rose by 1.52% quarter-over-quarter, supported by disciplined exporter allocations.
- The average Iodine price for the quarter was approximately USD 73671.67/MT, reflecting export contracts and limited spot availability.
- Iodine Spot Price tightened in pockets as exporters prioritized contract shipments over spot allocations, reducing available cargoes.
- Iodine Price Forecast indicates modest near term moderation absent supply disruptions, with seasonal restocking shaping momentum.
- Iodine Production Cost Trend remained stable because energy expenses eased and caliche ore grades supported steady output.
- Iodine Demand Outlook stayed constructive as pharmaceutical and electronics restocking provided steady offtake into December contracts.
- The Iodine Price Index reflected leaner terminal inventories and elevated freight costs, enabling firmer FOB negotiations for exporters.
- Exporter operational discipline and smooth Chilean logistics prevented large swings, keeping market sentiment cautiously but gradually bullish.
Why did the price of Iodine change in December 2025 in South America?
- Disciplined export allocations limited spot availability, tightening supplies at San Antonio and supporting nominal price strength.
- Pharmaceutical year end restocking increased contractual demand even as seasonal trade slowdown restrained broader downstream purchases.
- Stable production and easing energy costs reduced extraction expenses, allowing sellers to concede minimally while preserving margins.
North America
- Iodine Price Index in North America strengthened modestly quarter-over-quarter, supported by constrained import availability and stable downstream demand.
- Iodine Spot Market conditions remained firm as buyers relied heavily on contracted volumes amid limited discretionary cargoes.
- Iodine Price Forecast indicates short-term stability with selective upside risk, followed by normalization as import flows improve.
- Iodine Production Cost Trend stayed elevated, reflecting higher energy, compliance, and logistics costs across the supply chain.
- Iodine Demand Outlook remained steady, with pharmaceutical, nutrition, and medical imaging sectors maintaining consistent offtake.
- Iodine Price Index dynamics were shaped by inventory discipline and cautious procurement strategies among distributors.
- Import dependency on Chilean and Japanese material continued to influence regional pricing behavior and lead times.
- Freight availability and port congestion intermittently affected delivery schedules, reinforcing firm spot sentiment.
Why did the price of Iodine change in December 2025 in North America?
- Limited spot availability and reliance on term contracts tightened supply flexibility, allowing suppliers to hold firm offers.
- Steady pharmaceutical and healthcare demand sustained baseline consumption despite year-end inventory optimization.
- Higher logistics, regulatory, and energy costs increased landed costs, supporting price stability toward year-end.
Europe
- Iodine Price Index in Europe showed a firm to stable trend, underpinned by controlled inventories and cautious seller participation.
- Spot market activity remained limited, with most volumes moving through long-term agreements rather than open market trades.
- Iodine Price Forecast points to near-term firmness, followed by gradual softening as restocking cycles align with improved import visibility.
- Iodine Production and Distribution Cost Trends stayed elevated due to high energy prices, environmental compliance costs, and inland freight expenses.
- Iodine Demand Outlook remained resilient, led by pharmaceutical intermediates, specialty chemicals, and medical applications.
- Iodine Price Index movements reflected balanced demand-supply dynamics rather than aggressive buying or destocking.
- Dependence on imported iodine kept European buyers sensitive to global supply disruptions and freight volatility.
- Currency movements and energy market fluctuations added cost uncertainty, influencing procurement timing.
Why did the price of Iodine change in December 2025 in Europe?
- Tight control over inventories and limited spot cargo availability supported firm market sentiment.
- Stable downstream pharmaceutical demand prevented any meaningful demand-side pressure on prices.
- Elevated energy and transportation costs, combined with cautious year-end procurement, helped maintain price stability.
For the Quarter Ending September 2025
APAC
- In Japan, the Iodine Price Index rose by 1.02% quarter-over-quarter, in Q3 2025, supported by supply and moderate demand.
- The average Iodine price for the quarter was approximately USD 71633.33/MT, reflecting modest volatility and seasonal adjustments in Japan.
- Iodine Spot Price remained broadly steady amid balanced supply and inventories on par with regional averages.
- Iodine Price Forecast suggests modest gains driven by steady demand and controlled supply dynamics in APAC, with markets steady.
- Iodine Production Cost Trend remains stable, with limited input cost pressure seen in regional manufacturing across producers.
- Iodine Demand Outlook remains steady with moderated pharmaceutical and electronics consumption in APAC markets this quarter.
- Iodine Price Index movements align with regional stock levels and export flows throughout the APAC quarter.
Why did the price of Iodine change in September 2025 in APAC?
- Supply normalization and improved export efficiency reduced price pressures in September 2025 across APAC markets.
- Moderate downstream demand, especially in healthcare and electronics, tempered gains despite supply stability, global improvement.
- Logistics remained stable with steady port operations supporting orderly trade movements throughout September 2025 period.
North America
- In the U.S., the Iodine Price Index exhibited a quarter-over-quarter rise, supported by steady industrial consumption and tightening regional inventories.
- Iodine Spot Prices remained relatively firm, supported by consistent supply-chain operations and healthy domestic stock levels.
- The Iodine Price Forecast indicates moderate upward potential for Q4 2025, as producers maintain controlled output and industrial buyers sustain steady procurement activity.
- Production Cost Trends remained stable, with energy and raw material inputs showing minimal quarter-to-quarter variation.
- The Demand Outlook was steady across key sectors — healthcare, pharmaceuticals, and specialty chemicals — with modest restocking observed late in the quarter.
- Price Index movements reflected limited volatility, aligning with steady logistics and moderate export activities from the U.S. Gulf Coast.
Europe
- In Europe, the Iodine Price Index registered a quarter-over-quarter increase, reflecting balanced trade flows and recovering downstream activity.
- Spot Prices remained range-bound amid steady consumption and adequate inventories across key markets including Germany, France, and the U.K.
- The Price Forecast for the upcoming quarter suggests mild appreciation, supported by stable demand from the pharmaceutical and imaging reagent sectors.
- Production Cost Trends were largely stable, aided by moderated energy prices and consistent feedstock availability.
- The Demand Outlook was steady, with pharmaceutical and medical imaging sectors driving moderate consumption gains.
- Price Index movements were closely tied to import volumes from Chile and domestic production steadiness across European facilities.
South America
- In Chile, the Iodine Price Index fell 7.57% quarter-over-quarter, in Q3 2025, as supply remained balanced amid muted buying.
- The average Iodine price for the quarter was approximately USD 72,571.67/MT, reflecting steady market fundamentals.
- Iodine Spot Price remained steady, supported by balanced inventories, stable exports, and ongoing near-term restocking from buyers.
- Iodine Price Forecast points to modest gains later in Q4 as healthcare, electronics, and disinfectant demand stabilizes.
- Iodine Production Cost Trend is broadly stable with caliche mining maintaining output and energy inputs remaining predictable.
- Iodine Demand Outlook remains constructive for medical imaging, catalysts, and sanitation applications, underpinning relatively balanced purchasing.
- Iodine Price Index indicates a gentle softening compared with earlier highs, mirroring regional supply calm.
- Inventory levels and export discipline limit sudden price spikes while seasonal demand shifts influence quarter-end volatility.
Why did the price of Iodine change in September 2025 in South America?
- Supply and export flows remained steady, preventing sharp price swings in September 2025, despite regional logistics.
- Cost pressures were modest as caliche mining, processing costs, and energy inputs stayed broadly stable.
- Demand momentum cooled slightly with restocking pauses in medical imaging, disinfectants, and industrial catalysts.