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Uranium price down the gurgler again

bull-uncertain-uraniumUranium spot price sags to $36.50/lb in year-end trading lull Washington (Platts)–23 Dec2014
The uranium spot price was $36.50/lb U3O8 on Monday, down 75 cents from a week earlier, as slight volumes and a smattering of buyers seeking low-priced material continued the month’s trend toward lower prices, according to price reporting company TradeTech……..Since reaching $44/lb in mid-November — the highest level in nearly two years — the daily U3O8 spot price fell to $38/lb on November 21, according to TradeTech. The price rallied to $40.25/lb in late November, but has generally declined since. http://www.platts.com/latest-news/electric-power/washington/uranium-spot-price-sags-to-3650lb-in-year-end-21749093

December 24, 2014 - Posted by | 2 WORLD, business and costs

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