Uranium

The previous week’s sudden 10% jump in the uranium spot price brought out the sellers last week.

The outlook for metals and bulk commodity prices reveals few supply constraints in 2015. Broker views converge on iron ore and diverge on some of the base metals.

The safety valve blew on spot uranium prices last week as buyers became more anxious than sellers, leading to a 10% jump in price.

The spot uranium price continues to rise on uncertainty surrounding strikes, sanctions and start-ups.

The spot uranium price rose again last week but are recent price rises structural at all or do they simply reflect geopolitical tension?

As the uranium spot price continues to rise in a volatile market, term contract prices have also begun to respond.

Spot uranium enjoyed another price rise last week as sellers continue to back off their offers.

Activity is expected to pick up this week in the spot uranium market and sellers are backing off their prices in anticipation.

Nuclear fuel has not been included in Western sanctions against Russia so far, but buyers are not prepared to take the risk.

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