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    market news

    Uranium Price Contracts as New Material Enters Market

    Investing News Network
    Jul. 27, 2011 08:31AM PST
    Energy Investing

    Industrials Fuels and Power reports on spot uranium market concluding with 5 transactions this week.

    Industrials Fuels and Power reports on spot uranium market concluding with 5 transactions this week.

    The market news is quoted as saying:

    However, highly discretionary demand combined with a new supply of 500,000lbs for delivery between now and October to depress prices. As a result, the spot uranium price fell by US$1.50 to US$51.75/lb, according to Tradetech.

    Click here to access the entire market news.

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