nuclear-news

Uranium brings lower and lower prices

Uranium transactions fail to raise spot price, Industrial Fuels and Power August 31st, 2011  The uranium spot market reported five transactions totalling 1Mlb in the week ended 26 August, but each transaction was conducted at successively lower prices as sellers dropped offer prices to attract buyers. Consequently, the spot uranium price was cut by US$1.05 WoW to US$48.85/lb by the end of the week, according to TradeTech……

On 29 August, The Ux Consulting Co reported a US$1.50 fall in the uranium spot price to US$49.00/lb of uranium oxide.

Over the past month, uranium oxide prices decreased by US$2.50 while conversion rates at both sides of the Atlantic saw 75 cents shaved of their end-of-July price to US$10.00/kgU. Uranium hexafluoride prices fell by US$7.28 to US$138.03/kgU during this period……

September 1, 2011 - Posted by Christina Macpherson | 2 WORLD, business and costs, Uranium