Uranium Week: In Brief

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An update on uranium prices in a week impacted by the US Thanksgiving holiday.

By Greg Peel

Due to the Thanksgiving holiday in the US last week no research has been forthcoming.

Industry consultant TradeTech has nevertheless updated its price indicators.

Having broken out from its five month range around the US$20/lb mark and enjoyed two weeks of gains to US$24.75/lb, last week saw TradeTech's weekly spot uranium price indicator consolidate, falling -US$1.15 to US$23.60/lb.

TradeTech's term price indicators remain at US$24.355/lb (mid) and US$30.00/lb (long).

FNArena's usual Uranium Week service will return to normal as of next week.

Find out why FNArena subscribers like the service so much: "Your Feedback (Thank You)" – Warning this story contains unashamedly positive feedback on the service provided.

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