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MalaysiaCIF Antwerp (Purity: >99%), Potassium Iodate prices declined even further to $48,810/MT in Q1 2025—a decline of 4.54% over Q4 2024. The decline was predominantly caused by muted seasonal demand and tightness in supply availability from the likes of India. Since inventories were wholesome and downstream demand eased after the festivities, the market eased. Deterioration of freight rates and enhanced availability of containers also led to this price deterioration, creating a subdued market situation during the first half of the year.
CIF Antwerp (Purity: >99%) prices fell slightly in Q4 2024 to $51,130/MT from 2.46% below Q3 levels. This was a moderate decrease following slower-than-expected market activity after the festival season and the return of normal demand. There was some relative relief too in global freight conditions, and surplus stocks of Potassium Iodate started to become increasingly available within European markets. With the decreasing procurement urgency and a better supply-demand ratio, prices experienced a moderate correction towards the close of the year.
Entering Q3 2024, the CIF Antwerp (Purity: >99%), Potassium Iodate market also witnessed another upsurge and prices reached $52,420/MT, an increase of 0.96% over Q2. This was spurred by sustained demand from food and pharma industries, which remained firm due to festive consumption and stocking up before the next phase of celebrations. Meanwhile, world supply was strained by delays in freight and longer transit times, particularly out of Asian ports. While overall product availability was fine, the breakdowns in logistics and higher costs kept the pressure on prices higher.
CIF Antwerp (Purity: >99%) prices also kept increasing during Q2 2024 to $51,920/MT, up 0.50% from Q1. This was driven by continued demand from end-use industries, particularly in iodine applications and nutritional supplement industries. Shipping conditions worldwide, while slightly improved, were still plagued by congestion and high freight rates that restricted free flow from India to Europe. The market also saw increased buying demand from consumers looking to build inventories in preparation for summer production runs, which supported the firm pricing trend of Potassium Iodate.
During Q1 2024, the world Potassium Iodate market was in a bullish trend, with CIF Antwerp (Purity: >99%) prices at $51,660/MT, a 4.15% hike compared to the last quarter. The rise was largely prompted by speculative purchases by the food fortification and pharmaceutical industries, where technical-grade Potassium Iodate has extensive usage. Seasonal demand in Europe especially also pinched supply as producers increased output to supply food additives and health supplements prior to the holiday season. Belgium’s dependence on Indian imports and increasing freight prices and periodic port congestion also helped fuel the price increase.
Carrying forward to Q1 2025, Potassium Iodate prices in Ex-Mumbai (Purity: >99%) also dropped to $47,540/MT, posting a 4.27% drop from Q4 2024. This fall was also dictated by excess supply, as producers increased output following previous spikes in demand. Buyers also played safe, realigning procurement strategies anticipating price corrections. Yet, consistent demand from the food and pharma industries meant that the price fall was kept in check, maintaining the market in equilibrium as the year went on.
By Q4 2024, Ex-Mumbai (Purity: >99%), Potassium Iodate prices declined to $49,660/MT, down 2.52% from Q3. The fall was due to better availability in the domestic market, with increased production levels offsetting demand. Seasonal changes in buying patterns from major end-user industries also led to moderate buying activity. Nevertheless, consistent exports and stable demand from pharmaceutical uses kept prices stable and averted a steeper fall.
In Q3 2024, Potassium Iodate market was on a rising trend with prices in Ex-Mumbai (Purity: >99%) area touching $50,940/MT, which was a 1.06% rise over Q2. The price hike was mainly driven by consistent demand from the pharma and food sectors, in which Potassium Iodate finds extensive application as a major component. Also, government regulations concerning iodine enrichment in food products led to stable consumption patterns. At the same time, disturbances on international trade routes and a strong export market continued to keep supply tight, further driving the market higher.
In Q2 2024, Ex-Mumbai (Purity: >99%), Potassium Iodate prices still rose, reaching $50,410/MT, a 0.48% rise from Q1. Ongoing demand from the food and pharmaceutical industries, especially since regulatory agencies focused on iodine fortification as a way to fight nutritional deficits provided the price surge. Moreover, logistical issues worldwide, such as congestion in key Asian ports and equipment shortages, increased transportation costs. The consistent purchasing by the pharmaceutical industry, coupled with low domestic production capacity, also helped reinforce the market’s upward trend.
During the first quarter of 2024, Potassium Iodate in Ex-Mumbai (Purity: >99%) witnessed an upward trend owing mainly to higher raw material prices and robust demand from the chemical and pharmaceutical industries, as well as food fortification. In Ex-Mumbai, the price was reported at $50,170/MT, indicating a 3.98% hike compared to the last quarter. With the increase in iodine feedstock prices, good government measures favoring the use of iodine fortification in salt and foodstuffs, and very strong demand by pharma industries, these increased trends in price were observed. The supply disruptions and rising shipping prices also made things worse in pressurizing the market toward more prices, causing an even hike.
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Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Potassium Iodate (KIO₃) is a white, crystalline solid that is highly soluble in water. It is a significant oxidizing agent and is widely used in various industrial applications. Potassium Iodate is primarily produced through the reaction of Iodine with Potassium Hydroxide, forming Potassium Iodate along with Potassium Iodide. This chemical plays a crucial role in several industries, including agriculture, food processing, and chemical manufacturing, Potassium Iodate is valued for its stability, effectiveness as an oxidizer, and its essential applications in various industrial and health-related fields.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
| Test | Results | Specification |
| APPEARANCE | Complies | White crystalline powder. |
| APPEARANCE OF SOLUTION | Complies | Passes Test |
| GUARANTEED ANALYSIS | ||
| ASSAY | 99.90% | NLT 99.0% |
| IDENTIFICATION | Complies | Passes Test |
| MAXIMUM LIMITS OF IMPURITIES | ||
| LOSS ON DRYING | 0.11% | 0.50% |
| CHLORIDE & BROMIDE (as Cl) | < 0.1% | 0.10% |
| IODIDE (I) | < 0.005% | 0.005% |
| SULPHATE(SO4) | < 0.1% | 0.10% |
| SODIUM(Na) | 0.00% | 0.05% |
Applications
Potassium Iodate is primarily used as an oxidizing agent in various industrial applications, including the production of iodine and iodine compounds. It serves as a key precursor in the synthesis of these important chemicals, playing a vital role in processes such as disinfectant production, food fortification, and as a component in analytical chemistry.
The pricing of Potassium Iodate is influenced by several key factors, including raw material costs, manufacturing processes, supply chain logistics, and market demand. The cost of iodine, one of the primary raw materials, can fluctuate based on global availability and extraction processes, significantly affecting the price of Potassium Iodate. Additionally, regional factors, transportation costs, and the scale of production also contribute to price variations.
Bulk purchase agreements typically lower the unit price of Potassium Iodate. By committing to larger volumes, procurement heads can negotiate more favourable pricing, taking advantage of economies of scale. Suppliers often provide discounts for long-term contracts or bulk orders, which can significantly reduce overall costs. However, it’s important to evaluate storage and inventory management needs when entering such agreements to ensure cost efficiency.
Yes, regional price variations for Potassium Iodate are common due to differences in production costs, local regulations, and transportation expenses. In regions where raw materials like iodine are more readily available, the cost of Potassium Iodate tends to be lower. Additionally, fluctuations in shipping costs and taxes can lead to price differences between countries or continents.
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