Commodities | Jun 15 2010
[Due to a technical glitch, the original story published this morning has disappeared somewhere in cyberspace. What follows next is a re-written, second version.]
By Rudi Filapek-Vandyck
Uranium markets have remained quiet during the week ending on Friday. Industry consultant TradeTech registered three successful transactions in the spot market, but decided to keep its weekly spot price benchmark unchanged at US$40.75/lb.
The consultant observes sellers have become less aggressive while buyers' interest has waned. The three deals recorded represent a combined 400,000 pounds in U3O8 equivalent.
TradeTech's mid-term price benchmark has remained steady at US$50/lb, while its longer-term indicator has equally remained unchanged at US$60/lb.
