Industry consultant TradeTech notes more aggressive pricing by sellers has seen the spot uranium price fall by US25c over the past week.
A glance through the latest expert views and predictions about commodities, while some positive signs for oil prices, mixed views on gold and Merrills seeing little downside for uranium.
Hopes for a rebound in the spot uranium price this week fell foul of European jitters.
There’s demand building in the uranium spot market but enough supply to match.
Industry consultant has registered increased demand and supply for uranium. The spot price recorded a decline as a result.
Spot uranium is back where it was one month ago.
The TechWizard anticipates more weakness for Energy Resources of Australia shares.
Industry consultant TradeTech has registered a noticeable uptick in buyers’ appetite for spot uranium.
TradeTech’s weekly price benchmark for yellow cake has risen slightly to US$41.25/lb.
Obama’s success at this week’s Nuclear Summit is probably not what investors in uranium were hoping for.