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.
To share this story on social media platforms, click on the symbols below.
Click to view our Glossary of Financial Terms
Australian investors stay informed with FNArena – your trusted source for Australian financial news. We deliver expert analysis, daily updates on the ASX and commodity markets, and deep insights into companies on the ASX200 and ASX300, and beyond. Whether you're seeking a reliable financial newsletter or comprehensive finance news and detailed insights, FNArena offers unmatched coverage of the stock market news that matters. As a leading financial online newspaper, we help you stay ahead in the fast-moving world of Australian finance news.
