The Japan Effect, Uranium Consumption and Sector Considerations

Energy Investing

PRNewswire reports on the effect of the current Japanese quake and the considerations and consumption of the uranium sector.

PRNewswire reports on the effect of the current Japanese quake and the considerations and consumption of the uranium sector.

The market news is quoted as saying:

The Japan situation has triggered speculators to sell uranium spot prices, while buyers hold-back for more stability. Analysts contend that swings within uranium producers between 7-28% are exaggerated. Real numbers surrounding the Japan situation are far from justifying swings to this extent on their own, considering many producers only have general exposure to the uranium market. Very few companies with concentrated exposure to the Japanese market are likely to warrant swings of such magnitude. With this in mind, many investors are looking to place capital into well-positioned companies at value prices.

Click here to access the entire news.

The Conversation (0)
×