TradeTech Says Low Uranium Prices Continue

IBTimes reported TradeTech says spot uranium prices dropped US$5.50 to US$41.00/lb in October.

As quoted in the market news:

General belief among uranium analysts is that prices must eventually come under upside pressure given the global demand-supply balance, but a lack of interest from buyers appears to contradict this opinion. Hanging over the global uranium market’s head, apart from anything else, is ongoing uncertainty with regard to Japan’s nuclear future.

Click here to read the full IBTimes report.