The latest chemical trading industry insights from Japan, Asia and the world, reported by the President of Daishin Corporation, Masa Oguchi.
Warning: Use of undefined constant sidebar2 - assumed 'sidebar2' (this will throw an Error in a future version of PHP) in /home/vuser10/4/6/0085264/www.daishin-corp.com/en/info/blog/wp-content/themes/daishin/index.php on line 21
Latest Post
- Rare Metal Prices Fall
- Current Circumstances of Japanese Refining Manufacturers and the Weak Yen
- RECENT LITHIUM TRENDS
- Tin prices fall
- Nickel Shortage, 12 Thousand Tons in 2015
Editor
RSS Feed
Chile Earthquake and Iodine
On April 24, 2014, the Chemical Daily reported that the main iodine export port had been seriously damaged by the large-scale earthquake in Chile on April 1, and the iodine market price may increase.
Iodine is an element indispensable to mankind; it is used for X-ray contrast media, polarizing plates for liquid crystal displays, medicines, salt additives, etc.
As Chile is the world’s largest iodine producer, and Japan is the second largest, inquiries to Japanese manufacturers are said to have increased.
However, so far, there have been no reports that iodine manufacturing facilities in Chile suffered damage due to the earthquake, and it is not certain whether the earthquake is causing a full-fledged price increase; this will only be known when we learn more details on the situation.
Although the iodine price soared due to a tight supply-demand balance when Japanese manufacturers stopped production for about one month just after the Great East Japan Earthquake in 2011, the market is in a downtrend worldwide recently.
Chile Earthquake and Iodine
On April 24, 2014, the Chemical Daily reported that the main iodine export port had been seriously damaged by the large-scale earthquake in Chile on April 1, and the iodine market price may increase.
Iodine is an element indispensable to mankind; it is used for X-ray contrast media, polarizing plates for liquid crystal displays, medicines, salt additives, etc.
As Chile is the world’s largest iodine producer, and Japan is the second largest, inquiries to Japanese manufacturers are said to have increased.
However, so far, there have been no reports that iodine manufacturing facilities in Chile suffered damage due to the earthquake, and it is not certain whether the earthquake is causing a full-fledged price increase; this will only be known when we learn more details on the situation.
Although the iodine price soared due to a tight supply-demand balance when Japanese manufacturers stopped production for about one month just after the Great East Japan Earthquake in 2011, the market is in a downtrend worldwide recently.
Warning: Use of undefined constant sidebar3 - assumed 'sidebar3' (this will throw an Error in a future version of PHP) in /home/vuser10/4/6/0085264/www.daishin-corp.com/en/info/blog/wp-content/themes/daishin/index.php on line 26
Search
Category
- Chemical Industry in Asia
- Chemical Industry in Japan
- Chemical Industry World-Wide
- Other Information from Asia
- Other Information from Japan