article 3 months old

Uranium Tumbles Below US$50/lb

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.

Share on FacebookTweet about this on TwitterShare on LinkedIn

Click to view our Glossary of Financial Terms