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Down, down, continues the price of uranium

Spot Uranium Drifts Downward. by Melissa West, Uranium Researcher, 13 March 12 Uranium Investing News, Platts reported spot uranium prices are continuing to drop at a slightly faster rate than earlier this year. As quoted in the market news:

TradeTech on Friday lowered its weekly spot price to $51 a pound U3O8, a drop of 80 cents/lb from TradeTech’s price March 2. TradeTech said the drop was due largely to a lack of buying interest and “aggressively priced material offered by one motivated seller.” http://uraniuminvestingnews.com/10910/spot-uranium-drifts-downward.html

March 14, 2012 - Posted by Christina Macpherson | 2 WORLD, business and costs, Uranium

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