Uranium Prices Creeping Higher

Long Tail

Ninemsn.com reports spot uranium is creeping higher in the first week of October. Uranium prices posted a modest gain last week, industry analyst TradeTech lifting its spot price indicator for the week ending October 1 by US$0.75 to US$47.50. The increase reflects multiple producers entering the market actively seeking uranium for immediate delivery, which one […]

Ninemsn.com reports spot uranium is creeping higher in the first week of October.

Uranium prices posted a modest gain last week, industry analyst TradeTech lifting its spot price indicator for the week ending October 1 by US$0.75 to US$47.50. The increase reflects multiple producers entering the market actively seeking uranium for immediate delivery, which one assumes would be to make up contratc short-falls.

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