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    Uranium Demand is Down for Spot Trading

    Investing News Network
    Jan. 31, 2012 01:42PM PST
    Long Tail

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

    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.

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