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PRWeb reports uranium spot price climbs to US$52.00 per lb according to Tradetech.
PRWeb reports uranium spot price climbs to US$52.00 per lb according to Tradetech.
The market news is quoted as saying:
TradeTech’s uranium spot price climbed during the month of October amid renewed buying interest from a variety of market participants and ended the month at US$52 per pound uranium oxide (U3O8)—an increase of more than 11 percent compared to the September 30 TradeTech Exchange Value of $46.75(1)
TradeTech’s President, Treva E. Klingbiel says:
“The uranium spot price strengthened throughout October, driven largely by the entrance of utilities in the market, which were seeking offers for spot, mid- and long-term deliveries.”
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