There were no transactions reported at all in the spot uranium market last week. Various countries have reassessed their nuclear power plans.
Sellers still expect uranium buying interest to emerge but buyers see a well-supplied market. Last week saw increased activity but a lower spot price.
The mid-term contract price of uranium has ticked up even as the spot price continues to sag.
Longer term global uranium demand might look healthy but near term activity remains muted.
Uranium prices might be subdued but in the commodity market in general at present, this is a big win.
Spot uranium is not participating in the global sell-off, instead posting steady price increases on low volumes.
The spot uranium price has suffered its biggest weekly fall since April, following six weeks of stagnation.
The uranium market continues to stagnate, as the spot price yet again remains unchanged.
The stasis apparent in the uranium spot market all through December has continued into December.
While spot uranium volumes and prices remained subdued throughout November, term market activity ramped up.