Uranium Rises 1.5% as Supplies Show Signs of Thinning, UxC Says

Bloomberg.com reports that Ux Consulting says uranium gained 1.5%.

The market news is quoted as saying:

Uranium-oxide concentrate for immediate delivery traded at $69.75 a pound in the seven days ended yesterday, up from $68.75 the week before, UxC said in an e-mailed report today, based on the most competitive offer tracked by the Roswell, Georgia-based company. That compares with $72.25 on Feb. 15, according to UxC.

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