article 3 months old

UxC Retains U3O8 Spot Price At US$90/lb

Commodities | Aug 29 2007

By Rudi Filapek-Vandyck

Following the decision by TradeTech to lower its weekly spot price indicator to US$95/lb, from US$105/lb the prior week, Ux Consultant has decided to keep its own weekly spot price indicator unchanged at US$90/lb.

This would suggest that spot prices may find support at the longer term price indicators for uranium which still stand at US$95/lb at both industry consultancies.

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