New Year high for uranium price

- January 6th, 2011

World Nuclear News reports on uranium spot price ending at its highest in the past two years.

World Nuclear News reports on uranium spot price ending at its highest in the past two years.

The market news is quoted as saying:

end price of $62.00 per pound U3O8 reported by uranium market information specialist TradeTech was the highest value reported since September 2008. At the beginning of 2010 the spot price stood at $44.50 per pound, and had been declining since 2008 in line with the global financial crisis. It reached an annual low of $40.50 at the end of February, before prices began to strengthen and the decline was reversed. In November, the spot price rose above $60 per pound for the first time since August 2008.

Click here to access the entire news.

Tags

Tags:

Leave a Reply