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International Business Times reported uranium prices have increased slightly as spot trading slowly increases in 2012.
International Business Times reported uranium prices have increased slightly as spot trading slowly increases in 2012.
As quoted in the market news:
The spot price quickly traded under US$50 as a result but soon stabilisedabove that level, suggesting actual end-users were and are still happy to pick up inventory at or below this line in the sand. Spot trading into 2012 remains at the best “discretionary”, in TradeTech’s observation, as buyers and sellers eye each other off without solid commitment. Last year also saw locational discrepancies, and trading in 2012 has seen prices for delivery in Europe remain at a premium to those in the US.
Click here to read the full International Business Times report.
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