Spot Uranium Price Doesn’t Change

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.