Commodities | Sep 05 2007
By Rudi Filapek-Vandyck
Industry consultant Ux Consulting has decided to leave its weekly spot price indicator unchanged from the previous week’s US$90/lb.
The decision follows a US$10 price cut by TradeTech, the other consultant who sets a weekly spot price indicator. As a result, TradeTech’s spot price of US$85/lb is now US$5 below UxC’s. Before the latest price cut by TradeTech it was the other way around.
In a report on Paladin Resources (PDN) this morning, analysts at Macquarie suggested uranium spot prices may not recover until next calendar year.
