For the Quarter Ending March 2026
Sodium Iodide Prices in North America
- In United States, the Sodium Iodide Price Index rose quarter-over-quarter in Q1 2026, driven by escalating production costs.
- The Producer Price Index increased 4.0% in March 2026, supporting an upward Sodium Iodide Price Forecast.
- Sodium Iodide Production Cost Trend escalated in Q1 2026 as sodium hydroxide feedstock prices surged in mid-March 2026.
- The Consumer Price Index rose 3.3% in March 2026, increasing transportation expenses and impacting the Sodium Iodide Price Index.
- Sodium Iodide Demand Outlook strengthened in March 2026, supported by surging radiopharmaceutical manufacturing investments throughout Q1 2026.
- The Manufacturing Index expanded and industrial production grew 0.7% in March 2026, providing a stable chemical consumption baseline.
- Retail sales increased 4.0% and consumer confidence reached 91.8 in March 2026, sustaining downstream consumer iodine demand.
- A stable unemployment rate of 4.3% in March 2026 maintained patient access to diagnostic medical imaging treatments.
Why did the price of Sodium Iodide change in March 2026 in North America?
- Sodium hydroxide feedstock supply tightened significantly in mid-March 2026, elevating North American Sodium Iodide costs.
- Medical diagnostic demand for iodine-based contrast media strengthened steadily in North America during March 2026.
- Energy and transportation expenses for chlor-alkali production escalated across North America throughout the Q1 2026.
Sodium Iodide Prices in APAC
- In China, the Sodium Iodide Price Index rose quarter-over-quarter in Q1 2026, driven by tightening feedstock supplies.
- The Sodium Iodide Production Cost Trend increased as producer prices rose 0.5% year-over-year in March 2026.
- The Sodium Iodide Demand Outlook strengthened alongside a 5.7% year-over-year industrial production growth in March 2026.
- Consumer prices increased 1.0% while retail sales grew 1.7% year-over-year in March 2026, impacting downstream consumption.
- Unemployment reached 5.4% in March 2026, and consumer confidence hit 91.6 in February 2026, constraining budgets.
- The Manufacturing Index expanded in March 2026, driving industrial consumption and supporting the Sodium Iodide Price Index.
- Liquefied natural gas utility costs surged in Q1 2026, elevating baseline chemical processing expenses for manufacturers.
- Pharmaceutical sector procurement for downstream contrast media strengthened in January 2026, boosting the Sodium Iodide Price Forecast.
- Iodine feedstock import volumes plummeted in February 2026, tightening domestic prompt supply and elevating production costs.
Why did the price of Sodium Iodide change in March 2026 in APAC?
- Seaborne arrivals of primary iodine feedstock into China plummeted in January 2026, tightening domestic supply.
- Electronics manufacturing demand for downstream polarising-films surged ahead of the holiday shutdowns in January 2026.
- Global energy supply tightened in March 2026 due to geopolitical disruptions, impacting chemical production costs.
Sodium Iodide Prices in Europe
- In Germany, the Sodium Iodide Price Index rose quarter-over-quarter in Q1 2026, driven by surging energy costs.
- The Sodium Iodide Production Cost Trend increased in March 2026 as CPI rose 2.7% year-over-year.
- Despite the rising Sodium Iodide Price Index, producer prices declined 0.2% year-over-year in March 2026.
- The Manufacturing Index expanded in March 2026, supporting a positive industrial Sodium Iodide Demand Outlook.
- Industrial production remained flat at 0.0% year-over-year in February 2026, while pharmaceutical production plummeted in January 2026.
- Retail sales grew 0.7% and unemployment stayed at 4.2% in February 2026, supporting healthcare Sodium Iodide demand.
- Consumer confidence hit -24.7 in March 2026, prompting a cautious Sodium Iodide Price Forecast for discretionary sectors.
- European natural gas prices spiked in March 2026, elevating chlor-alkali production costs for Sodium Iodide synthesis.
- Geopolitical tensions constrained European caustic soda imports and escalated freight costs for Sodium Iodide producers in Q1 2026.
Why did the price of Sodium Iodide change in March 2026 in Europe?
- European natural gas prices surged in March 2026, significantly increasing Sodium Iodide production energy costs.
- Geopolitical tensions in the Strait of Hormuz constrained essential caustic soda imports during Q1 2026.
- European iodine demand strengthened in Q1 2026, supported by robust consumption in diagnostic medical imaging.
For the Quarter Ending December 2025
Sodium Iodide Prices in North America
- In United States, the Sodium Iodide Price Index rose in Q4 2025, driven by inflationary pressures and strengthening industrial demand.
- Sodium Iodide production costs increased in Q4 2025, influenced by a 2.7% year-over-year CPI rise in December 2025.
- Demand for Sodium Iodide strengthened in Q4 2025, supported by a 2.0% year-over-year industrial production increase in December 2025.
- Sodium Iodide demand outlook remained positive in Q4 2025, bolstered by a 3.3% year-over-year retail sales rise in November 2025.
- Iodine feedstock production costs for Sodium Iodide remained stable in Q4 2025, with minimal energy input variation.
- Regional iodine inventories tightened in Q4 2025, while producers maintained controlled output, impacting supply.
- U.S. chemical exports eased in 2025, as global trade growth decelerated in Q4 2025 due to tariffs.
- A 3.0% year-over-year PPI increase in November 2025 indicated rising input costs for downstream industries.
Why did the price of Sodium Iodide change in December 2025 in North America?
- Rising input costs, indicated by a 2.7% CPI increase in December 2025, pressured Sodium Iodide prices.
- Strengthening industrial consumption of iodine in Q4 2025, alongside tightening regional inventories, supported prices.
- A 3.0% PPI increase in November 2025 suggested higher costs for Sodium Iodide producers, impacting market pricing.
Sodium Iodide Prices in APAC
- In China, Sodium Iodide prices declined in Q4 2025, influenced by weak producer prices and subdued consumer spending.
- Production costs for Sodium Iodide declined in Q4 2025, with producer prices for industrial products falling 1.9% year-over-year in December.
- Sodium Iodide demand faced headwinds in Q4 2025 due to sluggish consumer spending and eased GDP growth.
- The Manufacturing Index expanded in December 2025, indicating industrial activity growth, supporting some Sodium Iodide demand.
- China's industrial production advanced 5.2% year-over-year in December 2025, boosting Sodium Iodide demand.
- China's Iodine imports increased between October and November 2025, while exports decreased, affecting supply.
- Weak inflationary pressure, with CPI at 0.8% year-over-year in December 2025, subdued consumer demand.
- The 5.1% unemployment rate in December 2025, with cooled consumer sentiment, impacted Sodium Iodide demand.
- The price of Sodium Iodide in Q4 2025 settled at USD 64 870/ tonnes in Asia.
Why did the price of Sodium Iodide change in December 2025 in APAC?
- Producer prices for industrial products declined 1.9% year-over-year in December 2025, reducing Sodium Iodide costs.
- Sluggish consumer spending in Q4 2025, with retail sales growing 0.9% in December, dampened demand.
- Industrial production advanced 5.2% year-over-year in December 2025, yet weak consumer confidence impacted demand.
Sodium Iodide Prices in Europe
- In Germany, the Sodium Iodide Price Index fell quarter-over-quarter in Q4 2025, influenced by contracting industrial activity.
- Sodium Iodide production costs remained elevated in 2025 due to persistently high natural gas and electricity prices.
- Demand for Sodium Iodide weakened in Q4 2025, as the Manufacturing Index contracted in December 2025.
- The Sodium Iodide Price Index is forecast to remain stable to declining, reflecting subdued industrial activity.
- German Chemical Industry output weakened in 2025, impacting overall demand for Sodium Iodide.
- Consumer confidence index at -17.5 in December 2025 and a 6.2% unemployment rate dampened consumer spending.
- Industrial production inched up by 0.8% in October 2025, while PPI declined by 2.5% in December 2025.
- Retail sales rose by 1.1% in November 2025, and CPI was 1.8% in December 2025, supporting some end-uses.
Why did the price of Sodium Iodide change in December 2025 in Europe?
- Contracting Manufacturing Index in December 2025 indicated reduced industrial activity, lowering demand.
- Elevated natural gas and electricity costs throughout 2025 pressured production expenses for Sodium Iodide.
- Consumer confidence index at -17.5 in December 2025 dampened consumer-driven end-use demand.
For the Quarter Ending September 2025
North America
- In the United States, the Sodium Iodide Price Index rose quarter-over-quarter in Q3 2025, driven by increased production costs.
- Sodium Iodide production costs increased in Q3 2025, influenced by a 2.6% PPI rise in August 2025.
- Overall new orders for chemicals, including Sodium Iodide, fell in Q3 2025 across domestic and foreign markets.
- Chemical inventories, including Sodium Iodide, shrank in Q3 2025 as destocking accelerated.
- Industrial production in the United States saw a marginal 0.1% increase in September 2025, indicating slow demand.
- Consumer confidence declined in September 2025, potentially dampening future demand.
- Natural gas prices rallied in August 2025 and rose throughout Q3 2025, impacting energy costs.
- The 3.0% CPI increase in September 2025 indicated general inflation, raising operational costs.
- The Sodium Iodide Price Index is forecast to remain under upward pressure from persistent cost inflation.
- US chemical manufacturing activity contracted in Q3 2025, leading to negative production levels.
Why did the price of Sodium Iodide change in September 2025 in North America?
- Input and raw material costs for chemical manufacturers increased.
- Energy, transportation, and labor costs for chemical production rose.
- Weakened customer market demand and falling new orders.
APAC
- In China, the Sodium Iodide Price Index rose quarter-over-quarter in Q3 2025, driven by surging iodine feedstock costs.
- Demand for Sodium Iodide remained robust in Q3 2025, particularly from pharmaceutical and healthcare sectors.
- China's industrial production expanded 6.5% year-on-year in September 2025, supporting overall Sodium Iodide demand.
- The Manufacturing Index contracted in Q3 2025, indicating reduced industrial activity.
- Retail sales grew 3.0% year-on-year in September 2025, boosting Sodium Iodide demand in consumer applications.
- Producer prices fell 2.3% year-on-year in September 2025, suggesting weak downstream demand and input cost pressure.
- Consumer prices fell 0.3% year-on-year in September 2025, reflecting deflationary pressure on end-product demand.
- Raw material inventory declined in July, narrowing in September 2025, tightening supply for iodide products.
- Export demand for iodide products grew in July-August 2025 due to favorable trade conditions.
Why did the price of Sodium Iodide change in September 2025 in APAC?
- Iodine feedstock prices surged in July-August 2025, significantly increasing Sodium Iodide production costs.
- Robust demand from pharmaceutical and healthcare sectors sustained Sodium Iodide prices in Q3 2025.
- Tightening raw material inventories in July 2025 supported Sodium Iodide price increases.
Europe
- In Germany, the Sodium Iodide Price Index fell quarter-over-quarter in Q3 2025, due to weak industrial demand.
- Sodium Iodide production costs faced upward pressure from a 2.4% CPI increase in September 2025.
- A 1.7% decline in PPI in September 2025 offered some relief on Sodium Iodide input costs.
- Sodium Iodide demand outlook weakened as German industrial production declined by 1.0% in September 2025.
- The Manufacturing Index showed a "Contracting" trend in Q3 2025, impacting Sodium Iodide industrial applications.
- High operating costs and elevated natural gas prices challenged Sodium Iodide producers in Q3 2025.
- Overcapacity in the German chemical industry during Q3 2025 contributed to downward Sodium Iodide price pressure.
- The unemployment rate remained stable at 6.3% in September 2025, reflecting a steady labor market.
- Germany's chemical exports to the US were decreasing in Q3 2025, affecting Sodium Iodide trade flows.
Why did the price of Sodium Iodide change in September 2025 in Europe?
- Weakened industrial demand, with German industrial production declining by 1.0% in September 2025.
- Overcapacity in the German chemical industry during Q3 2025, creating downward pressure.
- Elevated natural gas prices in Q3 2025 increased operational costs, partially offset by falling PPI.
