Uranium

After a wild April, buyers and sellers have again reached a stand-off in the uranium market.

Weak uranium prices are beginning to take their toll on uranium producers.

An earthquake in Japan is not what the country’s nuclear energy industry needs to bolster confidence in hoped for restarts of more reactors.

The first week of the new quarter brought a halt to frantic end of quarter selling, allowing the uranium spot price to recover slightly.

March saw an uptick in traded uranium volumes but also ongoing price pressure.

The uranium spot market continues to hold out for indications of price direction once settlements occur on several outstanding term contract tenders.

After plunging sharply these past weeks, spot uranium found some support at lower levels last week.

The uranium spot price continues to slide away on lack of buying interest.

2016 to date has featured much reduced volumes in the spot uranium market and an ongoing slide in prices.

With no settlement yet on outstanding term contract tenders and little demand evident in the spot market, sellers bottled last week to send the uranium price tumbling.