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    market news

    Spot Uranium Drifts Downward

    Investing News Network
    Mar. 13, 2012 04:01PM PST
    Energy Investing

    Platts reported spot uranium prices are continuing to drop at a slightly faster rate than earlier this year.

    Platts reported spot uranium prices are continuing to drop at a slightly faster rate than earlier this year.

    As quoted in the market news:

    TradeTech on Friday lowered its weekly spot price to $51 a pound U3O8, a drop of 80 cents/lb from TradeTech’s price March 2. TradeTech said the drop was due largely to a lack of buying interest and “aggressively priced material offered by one motivated seller.”

    Click here to read the full Platts report.

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