article 3 months old

US$64.50 It Is For Spot Uranium

Commodities | Aug 20 2008

By Rudi Filapek-Vandyck

As expected, industry consultant Ux Consulting has left its weekly spot price indicator at US$64.50/lb this week, as activity in the uranium spot market has all but dried up rapidly after weeks of frantic activity in June and July.

Earlier, fellow industry consultant TradeTech also decided to leave its own weekly spot price indicator at US$64.50. Both industry consultants currently have a longer term price indicator of US$80/lb, which was equally left unchanged at the recent market updates.

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