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Iofina PLC back on track with its targets

() reported strong sales and higher iodine prices as it updated investors on its first half activities.

The iodine and specialty chemical products group highlighted the recent demand for iodine and halogen derivative products as customer markets reopened after Coronavirus (COVID-19) restrictions.

Spot iodine prices improved slightly to between US$35 and US$37 per kilogram, it said in a statement.

“The iodine market is seeing an excellent recovery in line with the rapidly accelerating global economic recovery as we begin to emerge from the challenging COVID-19 period,” said chief executive Dr Tom Becker.

Read More: Iofina PLC back on track with its targets

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