Commodities | Jan 28 2009
By Rudi Filapek-Vandyck
Industry consultant Ux Consulting has lowered its weekly U3O8 spot price indicator to US$48/lb, slicing off a full US$3 from its market pricing assessment last week.
Earlier, peer TradeTech only lowered its own weekly spot price benchmark for the uranium industry by US$1 to US$50/lb.
Long term price benchmarks currently stand at US$70/lb.