Uranium Continues To Inch Up

- March 30th, 2010

Ninemsn reports spot uranium continues to rise with sellers meeting with buyers.
Four spot transactions were noted for the week for a total of 600,000lbs of U3O8. This was down from a million pounds last week but prices paid had TradeTech ratcheting up its weekly spot price indicator by US75c to US$42.00/lb. Buying interest is currently […]

Ninemsn reports spot uranium continues to rise with sellers meeting with buyers.

Four spot transactions were noted for the week for a total of 600,000lbs of U3O8. This was down from a million pounds last week but prices paid had TradeTech ratcheting up its weekly spot price indicator by US75c to US$42.00/lb. Buying interest is currently diverse, the consultant notes, covering utilities, producers and intermediaries. Aside from actual transactions there has been an increase in buying interest as yet unsatisfied.

For complete news, click here.

Leave a Reply