nuclear-news

Down, down, continues uranium price

Uranium market sees thin activity and lower price, Industrial Fuels and Power, August 17th, 2011 The uranium spot price delivered no surprises this week as it slipped further by US$1.00 to US$50.50/lb. Three days earlier, TradeTech had noted a US$1.25 WoW fall to US$50.25/lb, attributing the drop to thin demand and supply “with a few sellers competing for even fewer sales opportunities.”

Buyers – this week utilities, traders and financial entities – are largely uninterested and reluctant to commit purchases. …http://www.ifandp.com/article/0013083.html

August 18, 2011 - Posted by Christina Macpherson | 2 WORLD, business and costs, Uranium