Uranium Demand is Down for Spot Trading

IBTimes reported there’s solid demand for uranium, but the spot market is slumping slightly.

As quoted in the market news:

Only two spot transactions were concluded last week totalling 250,000lbs as neither the buy-side nor the sell-side feels compelled to give up much ground. TradeTech’s spot price indicator fell by another US25c to US$52.25/lb.

Click here to read the full IBTimes report.