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Softer uranium price foreseen

Investing News Network
Jul. 04, 2011 08:13AM PST
Long Tail

Billings Gazette reports on the uranium price and the uranium sector in the coming weeks.

Billings Gazette reports on the uranium price and the uranium sector in the coming weeks.

The market news is quoted as saying:

From about $54, the firm expects a spot price of about $48 over the next three to six months. The lower price reflects expectations that new supplies will enter the market in the second half of 2011 and uncertainly over “potential Japanese utility surplus dispositions.”

Click here to access the entire market news.

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