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    Spot Uranium Price Doesn’t Change

    Investing News Network
    Jun. 26, 2012 09:25AM PST
    Energy Investing

    Platts reported the spot price for uranium was unchanged over the last week at about $50.75/lb U3O8 as the few buyers and sellers remain anxious.

    Platts reported the spot price for uranium was unchanged over the last week at about $50.75/lb U3O8 as the few buyers and sellers remain anxious.

    As quoted in the market news:

    TradeTech on Friday kept its weekly price at $50.75/lb, saying that spot uranium demand “continues to be dominated by highly price sensitive and discretionary demand, and while spot supplies are currently sufficient to meet demand [and] sellers are not actively seeking to push material to the market.” TradeTech’s daily price Monday was $50.75/lb.

    Click here to read the full Platts report.

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