Uranium prices remain stable for third week running at end 2010

Long Tail

IFandP reports uranium spot price remained stable after the third week last year.

IFandP reports uranium spot price remained stable after the third week last year.

The market news is quoted as saying:

Uranium prices closed unchanged at the end of 2010 after trading in the spot market slowed as traders went on seasonal holidays. Uranium oxide concentrate for immediate delivery traded at US$62.50/lb in the week ended December 31, according to Ux Consulting Co. Compared with the previous month’s closing figures, this represented a 4.3% rise.

Click here to access the entire news release.

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