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Uranium Falls 6% on ‘Non-Traditional Seller,’ TradeTech Says
Feb. 21, 2011 07:36AM PST
Long Tail
Bloomberg reports according to TradeTech LLC, uranium prices gaining every week of January fell by 6 percent after the entry into the market of a “non-traditional seller.”
Bloomberg reports according to TradeTech LLC, uranium prices gaining every week of January fell by 6 percent after the entry into the market of a “non-traditional seller.”
The market news is quoted as saying:
Uranium-oxide concentrate for immediate delivery traded at $68.50 a pound in the seven days ended Feb. 18, down $4.25 from the week before, Denver-based pricing service TradeTech said in a Feb. 18 report. Ux Consulting Co. on Feb. 15 quoted the price at $72.25 a pound. UxC will update its price later today.